Question

International tradea. raises the standard of living in all trading countries.b. lowers the standard of living in all trading countries.c. leaves the standard of living unchanged.d. raises the standard of living for importing countries and lowers it for exporting countries.

Answer 1

Answer:

A. Raises the standard of living in all trading countries.

Explanation:

International trade would benefit both countries and raise the standard of living of both producers and consumers