Question on: WAEC Economics - 2018
one advantage of international trade is that
A
prices of goods become stable
B
countries become self-sufficient
C
goods consumed are produced at a very high cost
D
it makes possible the consumption of variety of goods
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Correct Option: D
International Trade promotes economic growth, efficiency, technological progress, and what ultimately matters the most, consumer welfare. By lowering prices and increasing product variety available to consumers, trade especially benefits middle- and lower-income households.
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