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7 January, 02:18

Am decreased standard of living is an advantage of international trade.

True or false?

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Answers (1)
  1. 7 January, 04:16
    0
    False

    Explanation:

    When a nation or country is more connected to others, it usually increases the standard of living because the prices of commodities drop. Furthermore, an increase in trade between different nations would occur adding stimulus benefitting the economy which in turn improves the standard or quality of life.
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