Select the best answer for the question.

A reason to trade with other nations is that trade

A. reduces demand for goods and services.
B. reduces the supply of goods and services.
C. allows consumers to buy goods and services at a lower cost.
D. forces consumers to buy goods and services at a higher cost.

Question

02-07-2024
Social Studies

Answered

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Select the best answer for the question.

A reason to trade with other nations is that trade

A. reduces demand for goods and services.
B. reduces the supply of goods and services.
C. allows consumers to buy goods and services at a lower cost.
D. forces consumers to buy goods and services at a higher cost.

Sagot :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-02T12:06:36-04:00

Final answer:

International trade benefits consumers by expanding choices and lowering costs through access to various goods from different nations.

Explanation:

International trade increases the quantity of goods and services available to the world's consumers by allowing nations to consume combinations of goods and services they couldn't produce alone, which lie outside their production possibilities curve. Trade enhances consumer choices and can lead to lower costs for consumers through access to a variety of goods from different countries.

Learn more about International Trade here:

https://brainly.com/question/41472727

Sagot :

Final answer:

Explanation:

Learn more about International Trade here:

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