πŸ“Š International Economics
Q. While technologies have reduced the negative effect that distance has on trade,
  • (A) the effect of international borders has not been reduced through trade agreements.
  • (B) the effects of the Internet and airplanes on trade have been negligible.
  • (C) political factors have historically been more influential in determining the amount of trade than available technologies.
  • (D) cultural clashes have recently reduced the amount of US trade compared to US trade in 1950.
πŸ’¬ Discuss
βœ… Correct Answer: (C) political factors have historically been more influential in determining the amount of trade than available technologies.

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