Free Trade Based on Comparative Advantage Is Economically Beneficial Because

question 13

Multiple Choice

Free trade based on comparative advantage is economically beneficial because:

• A)it promotes an efficient allocation of world resources.
• B)it increases competition.
• C)it provides consumers with a wider range of products.
• D)of all of the above reasons.

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Definitions:

Damage

Damage is the physical harm caused to something in such a way that its value, usefulness, or normal function is affected or diminished.

Elderly Person

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Life Review

The process, often occurring in late adulthood, of reflecting on past experiences and evaluating them.

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Sense of wholeness that comes from having lived a full life, possessing the ability to let go of regrets; the final completion of the ego.