The more correct purpose of international trade theory is to
A) bore everyone thoroughly.
B) explain, predict and control international trade practice
C) promote academics in their respective professions.
D) explain why at least one company trades with another.

Question

Quizplus · Accepted Answer

The purpose of international trade theory is not to bore everyone, promote academics or explain why one company trades with another, but rather to explain, predict and control international trade practice using economic principles and models.

The More Correct Purpose of International Trade Theory Is to