Opening the economy to international trade tends to lessen inflationary pressures at home.
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The benefits of international trade accrue in the forms of lower domestic prices, development of more efficient methods and new products, and a greater range of consumption choices.
A. 对
B. 错
Although free trade provides benefits for consumers, it is often argued that import protection should be provided to domestic producers of strategic goods and materials vital to the nation's security.
A. 对
B. 错
In the long run, competitiveness depends on an industry's natural resources, its stock of machinery and equipment, and the skill of its workers in creating goods that people want to buy.
A. 对
B. 错
Increased foreign competition tends to increase profits of domestic import-competing companies.
A. 对
B. 错