According to economic historians, one result of international trade is that it
A) aids in the international transmission of ideas.
B) reduces the world-wide output of goods.
C) reduces the world-wide consumption of goods.
D) causes persistent world-wide inflation.
Answer: A
Economics
You might also like to view...
Many regulated industries are not pure monopolies
a. True b. False Indicate whether the statement is true or false
Economics
The individual income tax, the inheritance tax, and the head tax are all examples of direct taxes
a. True b. False Indicate whether the statement is true or false
Economics
Balance of payments refers to the balance between the imports and exports of goods and services during the same time period
a. True b. False Indicate whether the statement is true or false
Economics
The GDP deflator is designed to
What will be an ideal response?
Economics