"Trade Is Generally Harmful If There Are Large Disparities Between

question 15

Multiple Choice

"Trade is generally harmful if there are large disparities between countries in wages."

• A) This is generally true.
• B) This is generally false.
• C) Trade theory has nothing to say about this issue.
• D) This is true if the trade partner ignores child labor laws.
• E) This is true if the trade partner uses prison labor.

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Definitions:

Quality Circle

A group of workers who voluntarily meet to discuss and suggest improvements in work processes, typically within a manufacturing context.

Creative Potential

The capacity or ability to generate innovative ideas and solutions.

Internal Customers

Individuals or departments within an organization that receive services or products from other parts of the company as part of the internal process.

Deming's Path

outlines a quality management philosophy focused on continuous improvement, customer focus, and the use of statistical methods for process control.