A Country That Has a Comparative Advantage in Producing Capital

question 355

Multiple Choice

A country that has a comparative advantage in producing capital goods will _ a country that has a comparative advantage in consumption goods.

• A) specialize in producing capital goods and trade with
• B) reap fewer of the gains from trade when it trades with
• C) reap all of the gains from trade when it trades with
• D) grow slower than

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Definitions:

Chaining

A behavioral technique involving linking together discrete behaviors to form a complex behavior sequence.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, through which an association is made between a behavior and a consequence for that behavior.

Ladder

A set of steps or rungs between two vertical bars, used for climbing up or down.

Shaping

A method of behavior modification that involves gradually training an organism to perform a specific behavior by reinforcing successive approximations of the target behavior.