Question : What is a benefit of international trade for a country?
Option 1: Reducing diversity
Option 2: Limiting market access
Option 3: Increasing economic growth
Option 4: Decreasing competition
Answer (1)
18th Jan, 2024
Correct Answer: Increasing economic growth
Solution : International trade can lead to increased economic growth by allowing countries to specialize in the production of goods and services in which they have a comparative advantage.
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