All are advantages of foreign trade EXCEPT:

Related MCQs

• If a nations terms of trade is ½ its trade partners terms of trade is
• In the Ricardian model, if a country's trade is restricted, this will cause all except which?
• International trade in goods and services is sometimes used as a substitute for all of the following except:
• Nontariff trade barriers could include all of the following except
• Foreign trade creates among countries:
• international trade refers to trade between
• Which among the following best explains the difference between Trade in Invisibles and merchandise trade?
• If relatively capital-abundant country A opens trade with relatively labor- abundant country B an the trade takes place in accordance with the Heckscher-Ohlin Theorem. What would be the consequence for factor prices (w/r) in the two countries?
• Most international trade today is classified as trade in
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