Advocates of the active approach believe that discretionary government policy can restore economic stability and improve economic performance

Which of the following is an example of imports?

a. Sugar bought from a retail shop b. Steel bars sold to other countries c. Clothes bought from another country d. Apples bought from a farmer

Resources are allocated most efficiently across the country and around the world when traders specialize in producing those goods for which they have a comparative advantage, and trade for the other things that they need

Indicate whether the statement is true or false