If the World Price of a Good Is Lower Than

question 150

True/False

If the world price of a good is lower than the no-trade equilibrium price for a particular country, the country will export the good.

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Definitions:

Secondary Reinforcer

A stimulus that gains reinforcing qualities through being linked with a primary reinforcer.

Positive Reinforcer

A stimulant that, when presented after a behavior, increases the likelihood of that behavior occurring again.

Positive Reinforcement

Positive Reinforcement is a behavioral principle where the introduction of a pleasant stimulus following a desired behavior increases the likelihood of that behavior being repeated.

Positive Reinforcer

An incentive that, when given following an action, enhances the probability of the action occurring again.