Which of the following arguments supports the Paul Samuelson’s critique?
A. A rich country cannot produce net gains by engaging in free trade with a poor country.
B. Governmental intervention will reduce the likeliness of countries’ economic success.
C. Countries should attempt to specialize in the production of goods and services.
D. Trade is a positive-sum game in whichall countries that participate realize economic gains.
ANSWER:
A. A rich country cannot produce net gains by engaging in free trade with a poor country.