Question

international trade raises the standard of living in all trading countries. lowers the standard of living in all trading countries. leaves the standard of living unchanged. raises the standard of living for importing countries and lowers it for exporting countries.

Explanation:

International trade allows countries to specialize in the production of goods and services in which they have a comparative - advantage. Through trade, countries can access a wider variety of goods at lower costs, which generally raises the standard of living in all trading countries by increasing consumption possibilities and promoting economic growth.

Answer:

raises the standard of living in all trading countries.