MCQOPTIONS
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| 1. |
_______________ occurs when production shifts to more efficient producers for reasons ofcomparative advantage, allowing consumers access to more goods at a lower price than would havebeen possible without integration. |
| A. | trade diversion |
| B. | divestment |
| C. | trade creation |
| D. | retrenchment |
| Answer» D. retrenchment | |