Podcast
Questions and Answers
Which factor is NOT a benefit of international trade?
Which factor is NOT a benefit of international trade?
- Increasing environmental sustainability (correct)
- Creating domestic job opportunities
- Enhancing technological innovation
- Strengthening political relationships
What is the primary focus of international trade?
What is the primary focus of international trade?
- Improving national security
- Promoting cultural exchange
- Increasing economic interdependence (correct)
- Enhancing domestic production
What is the main purpose of tariffs in international trade?
What is the main purpose of tariffs in international trade?
- Encouraging imports of essential goods
- Promoting fair competition among countries
- Protecting domestic industries (correct)
- Reducing government revenue
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