Companies from the Nation of Moldavia Are More Efficient in the Production

question 69

Multiple Choice

Companies from the nation of Moldavia are more efficient in the production of certain types of apparel, while companies from the United States are more efficient in the production of certain types of computers. Which economic theory predicts that capital would move to Moldavia to be invested there in the apparel industry and to the United States to be invested in its computer companies?

• A)rapid specialization theory
• B)investor collectivism theory
• C)free-trade doctrine
• D)investor individualism doctrine

Acknowledge the importance of linking analysis conclusions with underlying information in financial reporting.

Understand standard financial ratios and their significance in financial analysis.

Know how to calculate and interpret trend percents in financial analysis.

Appreciate the value and limitations of analyzing individual financial numbers.

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Definitions:

Continuous Reinforcement

A method of learning that involves rewarding every correct response or behavior.

Acquiring Response

The process of learning a new behavior or response as a result of conditioning.

Classical Conditioning

Classical conditioning is a learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Fear Reduction

The process of diminishing the emotional and physiological response to a perceived threat.