Multiple Choice
Economists believe that trade is necessary for prosperity because
A) every country lacks some vital resources that it can get only by trade.
B) each country's climate makes it a relatively efficient producer of some goods, and an inefficient producer of other goods.
C) specialization permits large outputs and can produce economies of scale.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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