16. Of the following statements about trade, which is NOT true? Trade is the two-way flow of exports and imports of goods and services. The gains from open trade are always greater than the losses. Open trade and investment does create winners and losers. Trade does not infuence culture.

Question

16. Of the following statements about trade, which is NOT true? Trade is the two-way flow of exports and imports of goods and services. The gains from open trade are always greater than the losses. Open trade and investment does create winners and losers. Trade does not infuence culture.

Answer 1

The statement that is NOT true about trade is: "Trade does not influence culture."Trade can have a significant impact on culture by introducing new goods, services, and ideas, as well as influencing social norms and values.

Problemas

16. Of the following statements about trade, which is NOT true? Trade is the two-way flow of exports and imports of goods and services. The gains from open trade are always greater than the losses. Open trade and investment does create winners and losers. Trade does not infuence culture.

Roztwór

Respuesta