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Which of the Following Is True

question 239

Multiple Choice

Which of the following is true?
i.Comparative advantage drives international trade.
ii.Compared to a no-trade situation,in a market with imports,producer surplus is larger.
iii.Tariffs lower the domestic price of imported goods.


Definitions:

Free Choices

The ability or power to make decisions without constraints, enabling one to act on one's own volition.

Indeterminism

The doctrine that not all events, including moral choices, are determined by previously existing causes and that humans have the capability for free will.

Jean-Paul Sartre

A French existentialist philosopher and playwright known for his concepts of freedom, existentialism, and the absurd.

Condemned To Be Free

A philosophical concept, often associated with existentialism, suggesting that humans are burdened with the freedom and responsibility to choose and define their own existence.

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