QUESTION IMAGE
Question
collectively, people in nations that engage in international trade are likely to: consume more than they could consume in the absence of trade. lower their standards of living. lose from lower opportunity costs of production. be made worse off.
The question is about international trade and its impact on consumption. The key concept here is that through international trade, countries can specialize in producing goods they have a comparative advantage in, and then trade, allowing them to consume more than they could in autarky (no trade). The other options are incorrect: "lower their standards of living" is wrong as trade generally raises living standards; "lose from lower opportunity costs of production" is incorrect because trade allows for better utilization of resources and lower opportunity costs in a way that benefits consumption; "be made worse off" is also wrong as trade is beneficial for consumption and welfare (in general equilibrium models of trade). So the correct option is the one stating they consume more than in the absence of trade.
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The correct option is the one with the text "consume more than they could consume in the absence of trade." (Assuming the options are labeled as per the original, but since the labels aren't fully clear from the image, the content - based correct option is the one about consuming more due to trade.)