24) The offer curve of a country is based on
a) Relative prices of exports and imports
b) Price of exports
c) Price of imports
d) Volume of exports
25) In a free world in which no restrictions exist, international trade will lead to
a) Reduced real living standards
b) Reduced efficiency
c) Reduced real GDP
d) Increased efficiency
26) The classical economist Adam Smith was a champion of
a) Protectionism
b) Free Trade
c) Trade Wars
d) Intra industry trade
Answers
Answered by
0
Answer:dudjdudjfjfjfjfififjdkbjeifudkfyduaf surjfudjritotuririritoturititiyptiridjdjfjfjfjf
Explanation:
Similar questions