What is the likely impact on international trade if transportation costs between countries are reduced?

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An expansion in the amount of trade conductedA reduced benefit gained from tradingA drop in earnings for domestic producersA reduction in production specialization

Explanation

Lowering transportation expenses typically encourages more trade between nations by making it cheaper to exchange goods. This results in a higher volume of trade. Conversely, it does not lead to smaller gains from trade, reduced income for domestic producers, or less specialization in production.