The theory of trade indicates: a. All people benefit from ...

[Zoey63294]

The theory of trade indicates:
 
  a. All people benefit from trade.
  b. Consumers in exporting countries pay lower prices.
  c. Producers in importing countries receive higher prices.
  d. All of the above.
  e. None of the above.

Question 2

Under WTO rules:
 
  a. Domestic supports that distort markets are illegal.
  b. Sanitary and phytosanitary regulations based on sound science are legal.
  c. A trade concession accorded one member must be accorded all others.
  d. Tariff rate quotas generally replaced quotas.
  e. All of the above.

[strudel15]

Answer to Question 1

e

Answer to Question 2

e

[Zoey63294]

Thank you!

[strudel15]

Always glad to help...