Which of the Following Is True of International Trade

question 15

Multiple Choice

Which of the following is true of international trade?

• A)Free international trade benefits foreign producers at the cost of domestic industry.
• B)The net gain to a country from free international trade is positive.
• C)The proportion of international trade in the world is on the decline.
• D)Free trade is a zero-sum game;one nation gains at another's expense.

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Definitions:

One-way ANOVA

A statistical test that compares the means of three or more independent groups to determine if there is a significant difference among them based on one independent variable.

Midwest

A geographical region in the United States that is generally considered to include the north-central states.

Alternative Hypothesis

The hypothesis that proposes a significant difference or relationship between variables, opposite to the null hypothesis.

One-way ANOVA

A statistical test used to compare the means of three or more independent groups to see if there is a significant difference between them.