Management Notes

Reference Notes for Management

Free traders maintain that an open economy is advantageous in that it provides all of the following except:

Free traders maintain that an open economy is advantageous in that it provides all of the following except:

Free traders maintain that an open economy is advantageous in that it provides all of the following except:

 Options:

a. Increased competition for world producers
b. A wider selection of products for consumers
c. The utilization of the most efficient production methods
d. Relatively high wages levels for all domestic workers

The Correct Answer Is:

d. Relatively high wages levels for all domestic workers

Read more