Which of the following is listed as a benefit of international trade?

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Multiple Choice

Which of the following is listed as a benefit of international trade?

Explanation:
International trade expands the range of goods and services available to consumers because countries can import products that aren’t produced domestically or are produced more efficiently abroad. This broader selection means shoppers can choose from more brands, styles, and technologies, often at competitive prices as firms compete for buyers. The idea that trade would bring higher prices, reduced competition, or fewer employment opportunities doesn’t fit with how trade typically works; competition tends to push prices down and improve quality, and trade can create new jobs in export-driven sectors. So the clear benefit illustrated is a greater choice of products.

International trade expands the range of goods and services available to consumers because countries can import products that aren’t produced domestically or are produced more efficiently abroad. This broader selection means shoppers can choose from more brands, styles, and technologies, often at competitive prices as firms compete for buyers. The idea that trade would bring higher prices, reduced competition, or fewer employment opportunities doesn’t fit with how trade typically works; competition tends to push prices down and improve quality, and trade can create new jobs in export-driven sectors. So the clear benefit illustrated is a greater choice of products.

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