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WAEC Economics 2018 Question 45

Question 45

International Trade

One advantage of international trade is that

  1. A.prices of goods become stable.
  2. B.countries become self-sufficient.
  3. C.goods consumed are produced at a very high cost.
  4. D.it makes possible the consumption of a variety of goods.
Show the answer and explanation

Answer: D (it makes possible the consumption of a variety of goods.)

Explanation

Trade brings goods a country cannot produce itself.