Question

what benefit does international trade bring to consumers in a country?

reduced access to foreign goods and services

limited choice in the domestic market

lower prices and increased variety of goods and services

increased dependence on domestic production

Explanation:

To determine the benefit of international trade for consumers, we analyze each option:

• "Reduced access to foreign goods and services" is incorrect as international trade increases access to foreign goods.
• "Limited choice in the domestic market" is incorrect because international trade introduces more products, expanding choices.
• "Lower prices and increased variety of goods and services" is correct. International trade allows countries to specialize, leading to lower production costs (lower prices) and access to a wider range of products (increased variety) from around the world.
• "Increased dependence on domestic production" is incorrect; international trade reduces dependence on domestic production by enabling imports.

Answer:

C. Lower prices and increased variety of goods and services