The Theory That Suggests Specialization by Country Can Increase Worldwide

question 15

Multiple Choice

The theory that suggests specialization by country can increase worldwide production is:

• A) the theory of comparative advantage.
• B) the theory of foreign direct investment.
• C) the international Fisher effect.
• D) the theory of working capital management.

---

Definitions:

Acquiring Words

The process by which individuals learn and assimilate new vocabulary into their language use.

Infant

A very young child or baby, typically under one year of age.

Preschool Years

The period in a child's life before they attend kindergarten, typically from ages 3 to 5.

Acquire

To gain possession or ownership of something, often through purchase or effort.