The statements about trade that is false is that with trade, one country wins and country loses. The appropriate response is option B.
<h3>What is trade?</h3>
The act of trading involves parties exchanging products and services for mutually beneficial ends. Trade helps people and nations to live better lives and improve their economic conditions.
Trade is crucial for maintaining a competitive global economy because it promotes innovation and supports the specialization of markets while also driving down international pricing for goods.
The capacity to trade also gives one access to products and services that may be more affordable and of greater quality than those found domestically. Alternative commerce gives the world's poorest countries a way out of poverty.
Monopolistic competition: A situation in which many firms with slightly different products compete. Production costs are above what may be achieved by perfectly competitive firms, but society benefits from the product differentiation.
Monopoly: A firm with no competitors in its industry. A monopoly firm produces less output, has higher costs, and sells its output for a higher price than it would if constrained by competition. These negative outcomes usually generate government regulation.
Oligopoly: An industry with only a few firms. If they collude, they form a cartel to reduce output and drive up profits the way a monopoly does.
Duopoly: A special form of Oligopoly, with only two firms in an industry.
Monopsony: A market with a single buyer and many sellers.
Oligopsony: A market with a few buyers and many sellers.
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter.
Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).
The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
