A country like North Korea
A)likely rejects the notion of increased opportunity presented by free trade.
B)engages in free trade.
C)lies on a production possibilities curve superior to South Korea,since North Korea protects its international producers.
D)none of the options

Question

Quizplus · Accepted Answer

North Korea is a highly isolated country with a command economy that heavily regulates and controls trade. As a result, it is unlikely to embrace the concept of free trade and increased opportunity that comes with it.

A Country Like North Korea