Which of the Following Is a Major Argument of Trade

question 35

Multiple Choice

Which of the following is a major argument of trade optimists?

• A)Industrial policy can increase productivity of developing country manufacturing efficiency.
• B)New synthetic substitutes are constantly being discovered and improved.
• C)Developing country efficiency would improve with trade liberalization.
• D)All of the above.

---

Definitions:

Benefits

Advantages or positive effects that result from a particular action or policy.

Individual's Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors, distinguishing one person from another.

Grandparents

The parents of one's parents, often playing significant roles in family structures through support, heritage, and the sharing of wisdom.

Grandchildren

The offspring of one's children, forming the next generation within a family.