Which of the Following Best Expresses the Benefit from International

question 158

Multiple Choice

Which of the following best expresses the benefit from international trade?

• A)With trade, each country can concentrate on producing those goods and services that it produces most efficiently.
• B)With trade, a country can increase its political involvement on a global scale.
• C)Increased U.S.trade would improve high-tech exports but not agricultural exports.
• D)Increased trade would increase U.S.exports and decrease U.S.imports.
• E)Increased trade implies that exports of goods and services will always equal imports of goods and services.