Which of the Following Statements Is True

question 78

Multiple Choice

Which of the following statements is true?

• A)International trade raises wages in developing countries.
• B)International trade with rich industrial countries forces people in the developing countries to work for lower wages.
• C)International trade leads to job losses in both import competing industries and exporting industries.
• D)Unlike other types of international trade,offshore outsourcing does not bring any gains from trade.
• E)International trade encourages lax environmental standards.

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Definitions:

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Deindividuation

A psychological state characterized by reduced self-awareness and decreased personal responsibility, often occurring in group situations that lead to uninhibited and impulsive behavior.

Social Contagion

The spread of behaviors, attitudes, and emotions through a group or society by social influence.

Self-Serving Bias

A cognitive bias that causes individuals to see their successes as based on internal factors while attributing failures to external factors.