A Country Will Not Trade Unless

question 61

Multiple Choice

A country will not trade unless

• A)It has an absolute advantage.
• B)The terms of trade are superior to domestic opportunities.
• C)Its balance of trade is in a surplus position.
• D)The production possibilities increase.

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Definitions:

Host Culture

The dominant culture or social environment in which an immigrant, foreign visitor, or minority group is immersed and must adapt to.

Immigrants' Cultures

The traditions, practices, languages, and values brought by immigrants to a new country, contributing to the cultural mosaic of the host society.

Ethnic Enclave

An area, often within a city, with a high concentration of a particular ethnic group, which maintains its distinct cultural identity.

Sociological Terms

Specialized vocabulary used to describe concepts, theories, and phenomena studied within the field of sociology.