Senator Bright,who understands economic principles,is trying to convince workers in her district that trade with other countries is beneficial.Senator Bright should argue that trade can be beneficial
A)only if it allows us to obtain things that we couldn't make for ourselves.
B)because it allows specialization,which increases total output.
C)to us if we can gain and the others involved in the trade lose.
D)in only a limited number of circumstances because others are typically self-interested.

Question

Quizplus · Accepted Answer

Senator Bright should argue that trade allows for specialization, which increases total output. This means that countries can focus on producing the goods and services they are most efficient at, and then trade with other countries to obtain the goods and services they are not as efficient at producing. This leads to increased efficiency and productivity, which ultimately benefits all parties involved.

Senator Bright,who Understands Economic Principles,is Trying to Convince Workers in Her