International trade can be mutually advantageous because it
A.
allows each trading partner to specialize more fully in the production of those things that it does best.
B.
reduces the competitiveness of domestic industries and thereby makes it easier for the domestic producers to raise prices.
C.
permits the trading partners to expand their joint output.
D.
Both A and C are true; B is false.
Exam No：AP Macroeconomics Problem Set 3 Year：2024 Question No：APMacroeconomics2024AP0116
Answer:
D
Knowledge points:
6.3 The Foreign Exchange Market
Solution:
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