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Which of the following is not a benefit of foreign trade?

it allows each country to produce the goods for which they have the lowest opportunity cost.

it is mutually beneficial because nations enjoy a bigger variety of products

Specialization creates better products

Nations become dependent on each other

1 Answer

4 votes

Nations become dependent on each other is not a benefit because that can be harmful. It is good to have commercial partners but not to the point of needing exclusively another nation's help.


User Aneisa
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