Which of the following statements are correct about the benefits of international trade? Choose the correct answer from the options given below:

1.It has allowed an enormous variety of resources to enter into the trade basket.

2.It facilitates the distribution of a wide range of manufactured goods produced in different parts of the world to the global market.

3.International trade decreases the overall costs of production.

4.It has helped the developing countries more than the developed countries.

5.It has helped consumers to buy more goods from their wages and improved their living standards.

A1, 2 and 5 only

B2, 3, 4 and 5 only

C1, 2 and 3 only

D1, 3 and 5 only

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