To Gain from Comparative Advantage, Countries Must Not Only Trade

question 124

Multiple Choice

To gain from comparative advantage, countries must not only trade, they must also

• A)save.
• B)invest.
• C)engage in research and development.
• D)engage in capital accumulation.
• E)specialize.

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Definitions:

Vigour

The physical strength, energy, and good health needed for sustained physical or mental activity.

Dedication

A high level of commitment or loyalty to a task, project, or cause.

Job Demands-Resources Model

A theoretical framework explaining the dynamics of workplace stress, focusing on the balance between job demands that deplete employee resources and resources that mitigate stress.

Job Demands

Describes the physical, psychological, social, or organizational aspects of a job that require sustained effort and are therefore associated with certain physiological and psychological costs.