Which of the following is not a benefit of foreign trade?

Asked by maham237 @ in Business viewed by 326 People

Which of the following is not a benefit of foreign trade?
a. it allows each country to produce the goods for which they have the lowest opportunity cost.
b. nations become dependent on each other
c. specialization creates better products
d. it is mutually beneficial because nations enjoy a bigger variety of products

Answered by maham237 @


The correct answer should be b. nations become dependent on each other

This is a bad thing and not a benefit because if the two countries proclaim sanctions against each other or if they go to war then they will not have access to the goods that they depend on, and since they don't have their own goods there will be a shortage and people will be angry.

Similar Questions

Benefits of free trade include all of the following except

Asked by admin @ in Business viewed by 320 persons

All of the following are considered benefits of free trade EXCEPT A) quota reduction. B) growth of trade. C) protective tariff reduction. D) protection of domestic industries.

Which of the following is a benefit of survey research

Asked by admin @ in Social Studies viewed by 318 persons

List the major advantages of survey research methods over qualitative methods. Can you think of any drawbacks; if so, what are they?

Define the roles of the following in american foreign policy

Asked by admin @ in History viewed by 309 persons

In 2–3 paragraphs, evaluate the five basic goals of US foreign policy, and explain the role of the government in their implementation. Be sure to define the purpose of foreign …

Which of the following is not a benefit of swimming

Asked by admin @ in Health viewed by 310 persons

Which of the following is NOT a benefit of swimming? A. joints supported in water B. full-body exercise C. good exercise for cross-training D. burn less than 400 calories per …

Which of the following is a benefit of sem

Asked by admin @ in English viewed by 381 persons

Which of the following is a benefit of Search Engine Marketing (SEM)? A Reach out to potential customers actively looking for your product or service B Create different types of …

Which of the following is not a benefit of investing

Asked by admin @ in Business Studies viewed by 318 persons

Which of the following is not a benefit of investing in mutual funds? * 1.Transaction Cost2.Professional Management3.Diversification4.None of these​

Which of the following is not a benefit of insurance

Asked by admin @ in Business Studies viewed by 293 persons

Which of the following is not a benefit of online insurance sales? 1. The cost is lower 2. No percentage to be passed to intermediaries 3. Benefit of low cost …

Which of the following is the main benefit of ozone

Asked by maham237 @ in Health viewed by 370 persons

Which of the following benefit from social security

Asked by maham237 @ in History viewed by 391 persons

Which of the following benefit from Social Security? Select all that apply. people who paid into the system and are now retired folks who have become disabled people who have …

The bush doctrine is a foreign policy strategy that incorporates all of the following except:

Asked by maham237 @ in History viewed by 333 persons

The Bush Doctrine is a foreign policy strategy that incorporates all of the following except: A.the United States will go to war if necessary in order to preserve the freedom …

Which of the following u.s. actions characterizes the foreign policy of dollar diplomacy?

Asked by maham237 @ in History viewed by 389 persons

(MC)Which of the following U.S. actions characterizes the foreign policy of dollar diplomacy? financially backing the construction of the Panama Canal establishing a U.S. military presence in China refinancing Haiti’s …

Which of the following is not a benefit of stretching

Asked by maham237 @ in Health viewed by 305 persons

1. Which of the following is NOT a benefit of stretching? a. Poor circulation b. Increased speed and power c. Increased flexibility d. Minimized chances of injuries 2. Which of …

Which of the following is a major foreign policy goal of the united states

Asked by wiki @ in History viewed by 328 persons

converting people to a single religion colonizing underdeveloped regions convincing oppressed groups to relocate to the United States encouraging democracy in all nations 2. Which of the following is true …

Which of the following best describes the international trade effect

Asked by admin @ in Social Studies viewed by 354 persons

Which of the following best describes the effect globalization has had on some American and Canadian workers? A. Many have had emigrate to follow jobs that were moved overseas. B. …

Which of the following is not a benefit of federalism

Asked by admin @ in Social Studies viewed by 337 persons

Which of the following is not a benefit of federalism? Group of answer choices Federalism encourages economic equality across the country. Federalism provides for multiple levels of government action. Federalism …

Most viewed questions in Business

Foolproof module 9 test answers

Asked by maham237 @ in Business viewed by 3326 persons

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ in Business viewed by 2747 persons

Interest rates are expressed as a percentage of

Asked by maham237 @ in Business viewed by 2116 persons

How to enhance knowledge regarding environmental factors through capsim?

Asked by wiki @ in Business viewed by 1865 persons

Match the job titles with the career clusters.

Asked by maham237 @ in Business viewed by 1487 persons

A company that allows you to license software

Asked by maham237 @ in Business viewed by 1299 persons

Lupe is ready to open a checking account

Asked by maham237 @ in Business viewed by 1292 persons

Mays and mccovey are beer brewing companies

Asked by maham237 @ in Business viewed by 1222 persons

What must be marked on ready to eat bags phfs

Asked by maham237 @ in Business viewed by 1178 persons

Coq six sigma

Asked by maham237 @ in Business viewed by 1146 persons

Henry ford was the first entrepreneur to implement which strategy

Asked by maham237 @ in Business viewed by 1090 persons

Your company was recently served with a lawsuit

Asked by maham237 @ in Business viewed by 1080 persons

Case study starting a business project schedules and curves edgenuity

Asked by maham237 @ in Business viewed by 1074 persons

Which two of the four cs of credit have to do with earning potential and available cash?

Asked by wiki @ in Business viewed by 989 persons

The total annual expenditures on advertising in the united states

Asked by maham237 @ in Business viewed by 979 persons