The Resource Curse Is When

question 104

Multiple Choice

The resource curse is when:

• A) a nation only has an inherent comparative advantage for one resource.
• B) a nation only has a transferrable comparative advantage for one resource.
• C) the discovery of a resource in a nation causes its currency to appreciate and thus causes the nation to lose comparative advantages in other sectors.
• D) a nation has neither an inherent nor a transferrable comparative advantage for any resource.

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Definitions:

Social Support

The assistance provided by others, including emotional, informational, and practical help, which is critical for psychological well-being and stress management.

Support Forms

Various methods or avenues through which assistance, guidance, or aid is provided to individuals or groups in need.

Coping

The process of managing demands (external or internal) that are appraised as taxing or exceeding the resources of the person.

Problem-focused Coping

A strategy aimed at addressing the root cause of stress or problems, rather than merely managing their symptoms.