If Countries Move from Highly Restricted Trade Toward Freer Trade

question 212

Multiple Choice

If countries move from highly restricted trade toward freer trade, what would be the expectation regarding wages across countries in the world?

• A) Wages in an occupation would vary more across countries than before.
• B) Wages in an occupation would not change due to the freer trade.
• C) Wages in an occupation would move toward equality.
• D) Wages would become higher in advanced economies and lower in developing economies.

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Definitions:

Psychiatric Profession

The field of healthcare specializing in the diagnosis, treatment, and prevention of mental health disorders.

Mental Illness

A broad category of disorders affecting mood, thinking, and behavior, typically requiring medical diagnosis and treatment.

Mental Illness

A broad range of medical conditions that affect a person's thinking, feeling, mood, ability to relate to others, and daily functioning.

Social Norms

The implicit or explicit rules a group has for the acceptable behaviors, values, and beliefs of its members.