One of the main advantages of trade economists suggest is ?
Correct answer: B. competitions with foreign suppliers
- A. technological change
- B. competitions with foreign suppliers
- C. development of tourism
- D. lower tariffs
Explanation
Foreign competition pressures domestic firms to reduce costs, improve quality, and become more efficient, which is a central advantage of trade. Tourism and technological change may result from trade but are not its basic general advantage here.
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