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Business, 23.03.2021 19:30 elawnnalewis7486

Why does the growth of international trade lead to a rising global standard of living?
A. International trade results in a gain of comparative advantage for
developing countries.
B. International trade enables specialization, which brings increased
efficiency and greater competition.
C. International trade creates profitable investment opportunities for
currency speculators.
D. International trade leads to trade wars that require countries to
increase their productive capabilities.

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Why does the growth of international trade lead to a rising global standard of living?
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