The Idea of Comparative Advantage Changes Is the Basis for Which

question 35

Multiple Choice

The idea of comparative advantage changes is the basis for which of the following arguments for protection from foreign competition?

• A)the cheap foreign labour argument
• B)the infant-industry argument
• C)the dumping argument
• D)the saves jobs argument
• E)the prevents rich countries from exploiting developing countries argument

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Definitions:

Conscious Mind

The aspect of mind that encompasses thoughts, memories, feelings, and wishes of which we are aware at any given moment.

Projective Tests

Psychological assessments where subjects' responses to ambiguous scenes, objects, or situations are analyzed to uncover underlying thoughts, feelings, or desires.

Thematic Apperception Test

A psychological assessment method that measures an individual's thought patterns, attitudes, ability to observe, and emotional reactions to unclear testing content.

Collective Unconscious

A concept proposed by Carl Jung referring to the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.