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International Trade Is Advantageous Because Trade Makes It Possible for People

Question 61

Multiple Choice

International trade is advantageous because trade makes it possible for people in each country to


A) import more than they export.
B) export more than they import.
C) employ more of their domestic resources producing things that are costly for them to produce domestically.
D) acquire goods from foreigners more economically than they could be produced domestically.
E) do all of the above.

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