Which Is the Most Accurate Statement About Trade

question 144

Multiple Choice

Which is the most accurate statement about trade?

• A)Trade can make every nation better off.
• B)Trade makes some nations better off and others worse off.
• C)Trading for a good can make a nation better off only if the nation cannot produce that good itself.
• D)Trade helps rich nations and hurts poor nations.

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Definitions:

Material

The substance or substances out of which a thing is or can be made, often categorized by its physical properties, such as hardness, elasticity, and density.

Liquid Sample

A portion or quantity of liquid taken to represent the whole, used for analysis or testing.

Density

The mass of a substance per unit volume, often expressed in grams per cubic centimeter or kilograms per cubic meter.

Mass

A measure of the amount of matter in an object, typically expressed in kilograms or grams.