Which of the following are benefits of international trade? Choose one or more answers from the choices

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Which of the following are benefits of international trade? Choose one or more answers from the choices shown.

a. A more efficient allocation of resources.

b. A higher level of material well-being.

c. Gains from specialization.

d. Promoting competition.

e. Deterring monopoly.

f. Reducing the threat of war.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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