If a Country Has a Comparative Advantage in the Production

question 86

Multiple Choice

If a country has a comparative advantage in the production of soybeans,and it trades freely with other countries,it will most probably

• A)derive no advantage from any trade in soybeans.
• B)increase its consumption of soybeans.
• C)export soybeans.
• D)import soybeans.
• E)not consume soybeans.

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Definitions:

Ethnomethodology

A sociological approach that examines how people use everyday conversations and interactions to construct a shared social order.

Social Norms

Shared, unwritten rules that dictate the behavior of individuals within a society or group, guiding what is considered appropriate or acceptable.

Face-To-Face Interaction

Direct social engagement between two or more individuals in the same physical space, allowing for immediate feedback and personal connection.

Division Of Labor

The systematic interrelation of different tasks that develops in complex societies.