QUESTION $23(4$ Marks$)$ If international trade takes place as a result of comparative advantage, what is the most likely outcome for the participating countries? a$)$ Inequality among households will decrease. b$)$ Every individual in each country will benefit equally. c$)$ The overall economic well$-$being in both countries will improve. d$)$ Both countries will experience slower economic growth over time. QUESTION $24(4$ Marks$)$ Dumping refers to: a$)$ Reducing tariffs. b$)$ Sale of goods abroad at a lower price, below their cost and price in their home market. c$)$ Buying goods at low prices abroad and selling at higher prices locally. d$)$ Expensive goods selling for low prices