By reducing the volume of trade transportation costs... - Solved MCQs & Answer

1197EconomicsMedium

By reducing the volume of trade transportation costs tend to?

Aeliminate all of the feasible gains from international trade

Bensure that the process of product price equalization and factor price equalization are complete

Cstop the process of product price equalization and factor price equalization before they are complete:

Dmaximize all of the feasible gains from international trade

Correct answer

C. stop the process of product price equalization and factor price equalization before they are complete:

Explanation

The correct answer is stop the process of product price equalization and factor price equalization before they are complete:.

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