MCQOPTIONS
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| 1. |
The gains from trade refers to |
| A. | A duty levied on goods when they enter and leave a country s national boundary |
| B. | A tariff that maximizes a country s welfare |
| C. | Net benefits or increases in goods that a country gets by trading with other countries |
| D. | The demand and supply curve of a country |
| Answer» D. The demand and supply curve of a country | |