Which of the following statements about trade is false?

A) Trade increases competition.
B) With trade, one country must win and one country must lose.
C) Bulgaria can benefit, potentially, from trade with any other country.
D) Trade allows people to buy a greater variety of goods and services at lower cost.

Trade

Trade is the action of buying, selling, or exchanging goods and services between people, companies, or countries.

Competition

The rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, promotion, and place.

Bulgaria

A country located in Southeast Europe known for its rich history, cultural heritage, and geographical diversity.