Instructions: _∙ Identify Each Item. Give an Explanation or Description of of the Item

question 98

Essay

Instructions:
_∙ Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
Explain the historical significance of each item. Establish the historical context in which the
_∙ item exists. Establish the item as the result of or as the cause of other factors existing in the society under study. Answer this question: What were the political, social, economic,
and/or cultural consequences of this item?
-northern diplomatic strategy

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Definitions:

Gain From Trade

The advantage obtained by countries, entities, or individuals from engaging in voluntary trade, due to the specialization and efficient allocation of resources.

Tire

A rubber covering, typically inflated or surrounding an air-filled tube, placed around a wheel to form a flexible contact with the road.

Microchip(s)

Small semiconductor devices that contain integrated circuits used in electronic devices for processing, memory, or specific control functions.

Comparative Advantage

The capability of a person or group to perform a specific economic task with greater efficiency than another.