Increased opportunities for trade increase production by

A. Protecting countries from competition.
B. Improving efficiency through specialization.
C. Encouraging countries to be self-sufficient.
D. Shifting the production possibilities curve outward.

Answer: B

Economics

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Jobs that pay higher salaries must be riskier than lower-paying professions

a. True b. False

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A product has utility if it:

A. takes more and more resources to produce successive units of it. B. violates the law of demand. C. satisfies consumer wants. D. is useful.

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