Question: Which statement is TRUE? A. Outsourcing is another word for off-shoring. B. The invention of containerization revolutionized trade by lowering shipping costs. C. In the

Which statement is TRUE?

A. Outsourcing is another word for off-shoring.

B. The invention of containerization revolutionized trade by lowering shipping costs.

C. In the country as a whole, by following comparative advantage, the losses tend to outweigh the gains.

D. The Smoot-Hawley Tariff Act is the hallmark of globalization.

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