When Specialization According to Comparative Advantage Also Makes Economies of Scale

question 22

Multiple Choice

When specialization according to comparative advantage also makes economies of scale possible,

• A)trade is not beneficial to the country that has the absolute advantage in both goods.
• B)the production possibilities boundaries of all trading countries will shift inward.
• C)there will be additional gains from trade.
• D)costs will rise in all trading countries.
• E)it will be beneficial for all trading countries to impose tariffs.

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Definitions:

Differentiated Self

A sense of self as including many fluctuating attributes.

Possible Self

The aspect of self-concept that involves individuals’ ideas of what they might become, what they would like to become, and what they fear becoming.

Self-Esteem

The subjective evaluation of one's own worth or value.

Stable Traits

Characteristics or attributes of an individual that are consistent over time and across situations.