When Trade Is Free, Patterns of Trade and Trade Flows

question 231

Multiple Choice

When trade is free, patterns of trade and trade flows result from

• A) the collective decisions of a few importers and exporters, as well as the governments of the countries in which they reside.
• B) the collective decisions of a few importers and exporters, as well as millions of private households and firms.
• C) the independent decisions of thousands of importers and exporters, as well as millions of private households and firms.
• D) the independent decisions of thousands of importers and exporters, as well as the governments of the countries in which they reside.

Acknowledge the role of learned capabilities and competencies in job performance.

Understand the impacts of situational factors on job performance and behavior.

Recognize the influence of personal values and personality on individual and organizational outcomes.

Describe the significance of aptitudes and their role in personal performance and learning.

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Definitions:

Traits

are distinguishing qualities or characteristics that make up an individual's personality.

Behaviors

The actions, conduct, or manners of an individual or organism, often in response to external stimuli.

Survive and Reproduce

Fundamental biological imperatives driving the behavior and evolution of living organisms.

Big Five

A personality model identifying five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism, used to describe and predict individual differences.