| preferred AP College board partner for AP classes
AP Macroeconomics/Unit 1: Basic Economic Concepts
Start Practice TestPractice Test
Share
About Exam
easy Solved by 84 students
Comparative Advantage and Gains from Trade
< Prev
Next >

If two countries, A and B, specialize according to their respective comparative advantages and then trade, this will most likely:

A

Have no effect on economic welfare

B

Decrease country A’s economic welfare

C

Increase both countries’ economic welfare

D

Decrease country B’s economic welfare

Hint
Did You Know?
Explain Why
Explain All Answers
Check Answer
Show Correct Answer

Question Leaderboard

Rank
User
Correct Count
Attempt Count
Time
Score
#1nyla.crute33 0m 34s 266
#2rohsueanne2222 0m 24s 176
#3chutajisan22 0m 25s 175
#4elifruya6922 0m 32s 168
#5hazemturjman345622 1m 25s 115
#6cliftonknightley11 0m 00s 100
#7nisak4sh11 0m 00s 100
#8e11102akshara11 0m 05s 95
#9eunsole72011 0m 10s 90
#10s56876911 0m 10s 90
Items per page:
10
1 – 10 of 42

AI Tutor

How can I help?

APFIVE © 2020.
Email: apfive@apfive.org|Privacy Policy