Which of the following is a major argument of trade optimists?
A)Industrial policy can increase productivity of developing country manufacturing efficiency.
B)New synthetic substitutes are constantly being discovered and improved.
C)Developing country efficiency would improve with trade liberalization.
D) All of the above.

Question

Quizplus · Accepted Answer

Trade optimists argue that developing country efficiency would improve with trade liberalization, leading to increased economic growth and development. While the other options may also be arguments made by trade optimists, they are not as central or universal as the argument about trade liberalization.

Which of the Following Is a Major Argument of Trade