If There Is No Trade, Which of the Following Is

question 201

Multiple Choice

If there is no trade, which of the following is most likely?

• A) A country is better off because it will become self-sufficient.
• B) A country's production possibilities frontier is also its consumption possibilities frontier.
• C) A country can still benefit from international specialization.
• D) A country has more product variety available.

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Definitions:

World

The planet Earth and all life upon it, including human civilization and the natural environment.

Feminism

A movement for advocating women's rights and equality between the genders.

Progressive Era

A period of widespread social activism and political reform across the United States, roughly from the 1890s to the 1920s, aiming to eliminate problems caused by industrialization, urbanization, immigration, and corruption in government.

1920s

The decade from 1920 to 1929, marked by significant social, economic, and cultural changes worldwide.