Millionaire Mode

International Trade and Tariffs

Question 1 of 15

What is the main benefit of international trade?

  1. It allows countries to specialize in the production of goods and services that they have a comparative advantage in.
  2. It increases the overall efficiency of production.
  3. It leads to lower prices for consumers.
  4. All of the above.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000