Which of the Following Statements Is False

question 5

Multiple Choice

Which of the following statements is false?

• A) Owners of factors of production used in industries in which a nation lacks a comparative advantage may be hurt by free trade.
• B) Trade based on comparative advantage enables a country to produce outside its production possibilities curve.
• C) Trade based on comparative advantage enables a country to consume outside its production possibilities curve.
• D) Generally, trade between two countries tends to be mutually beneficial.

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Definitions:

Managers Treated

This may refer to the methods and practices related to how managers are regarded, developed, and managed within an organization, but it's not a standard term. NO.

Organizational Culture

The collective values, beliefs, and principles of organizational members that shape their behavior and practices.

Socialization

Socialization is the process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their social positions.

Socialization Steps

The stages through which individuals learn and adapt to the norms, values, and behaviors of a society or group.