A Rich Country That Opened Its Borders to Trade with a Poor

question 133

Multiple Choice

A rich country that opened its borders to trade with a poor country would cause in the long run

• A) Increased GDP for the rich country but not the poor country.
• B) Increased GDP for the rich country and the poor country.
• C) Increased GDP for the poor country but not the rich country.
• D) None of the choices are correct.

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Definitions:

Bailee

The individual or party who temporarily receives possession, but not ownership, of personal property from another under a bailment agreement.

Dispose

To get rid of something, especially by throwing it away, selling it, or transferring it to someone else.

Legal Rights

Privileges or entitlements conferred upon individuals by law.

Property

Items or assets owned by individuals or entities, including real estate, personal belongings, and intellectual rights, which have value and can be protected by law.