Which of the following statements best describes the benefits of international trade? A. Countries gain from exchange

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Which of the following statements best describes the benefits of international trade?

A. Countries gain from exchange and specialization.

B. Countries receive lower prices for their exports and pay higher prices for imports.

C. Countries gain from trade because all individuals and companies benefit in the long term.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:02 AM

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Which of the following statements best describes the benefits of international trade? A. Countries gain from exchange

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A is correct Countries gain from exchange when trad...View the full answer

2024 CFA Program Curriculum Level I Volume 1

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