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Which of the following is NOT true regarding the benefits of international trade? A. trade reduces the price of goods B. trade results in a higher standard of living C. trade deters competition and promotes monopolies D. specialization promotes efficient allocation of resources and efficient production
Weegy: Which of the following is NOT true regarding the benefits of international trade? C. trade deters competition and promotes monopolies (More)
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Asked 1/12/2013 8:38:32 AM
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The two major types of transactions that affect the international flow of money are: A. balance of payments; balance of credits B. debits; credits C. trade in goods and services; capital flows D. flows of financial capital; flows of payments
Weegy: The two major types of transactions that affect the international flow of money are: C. trade in goods and services; capital flows (More)
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Asked 1/12/2013 9:42:14 AM
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Which of the following factors would NOT hamper economic development? A. industrialization B. political instability C. rapid population growth D. varying degrees of production
Weegy: A. industrialization would NOT hamper economic development. (More)
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Asked 1/12/2013 9:42:49 AM
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