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which of the following is not true regarding the benefits of international trade? a. trade reduces the price of goods b. trade results in a higher standard of living c. trade deters competition and promotes monopolies d. specialization promotes efficient allocation of resources and efficient production

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MissPhiladelphia
"Trade deters competition and promotes monopolies" is the one among the following choices given in the question that is not true regarding the benefits of international trade. The correct option among all the options that are given in the question is the third option or option "c". I hope the answer has come to your help.

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