Which of the following is NOT a result of trade creation?
A) Lower costs tend to lead to higher demand for goods because people have more money left over after a purchase to buy other products.
B) Buyers can acquire goods and services at lower cost after trade barriers are lowered.
C) Consumers and industrial buyers in member nations are faced with a wider selection of goods and services not available before.
D) Imported goods are available at higher prices.

Question

Quizplus · Accepted Answer

Trade creation typically results in lower costs for consumers and industrial buyers, as well as a wider selection of goods and services. Imported goods may still be more expensive due to shipping and other costs, but overall, trade creation should not result in imported goods being available at higher prices.

Which of the Following Is NOT a Result of Trade