The Theory That Patterns of International Trade Are Determined by Natural

question 78

Multiple Choice

The theory that patterns of international trade are determined by natural endowments of factors successfully explains the prominence of

• A)Britain in the pop music industry.
• B)Japan in car manufacturing.
• C)the United States in pharmaceutical research.
• D)Canada in communications technology.
• E)tourism in the Turks and Caicos.

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Definitions:

Criminal Liability

The legal responsibility or obligation of an individual who has committed a crime, subjecting them to prosecution and punishment.

State of Mind

The particular condition or mood a person is in at any given time, often relevant in determining intent in legal contexts.

Intent

The purpose or aim behind an action, demonstrating a conscious decision to perform that particular act.

Larceny

The wrongful taking and carrying away of another person’s personal property with the intent to permanently deprive the owner of the property. Some states classify larceny as either grand or petit, depending on the property’s value.