Which of the following statements is true?

Name: Which of the following statements is true?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

International trade allows countries to specialize in producing goods and services that they are relatively more efficient at producing, leading to increased efficiency and productivity, and ultimately improving living standards. Current account deficits or surpluses, on the other hand, are simply a measure of a country's net trade balance and do not necessarily indicate impending recessions or unemployment.

Which of the Following Statements Is True