Which of the Following Is True

question 12

Multiple Choice

Which of the following is true?

• A) When economies of scale are important in an industry, the domestic market of a small country may not be large enough to support cost-efficient firms.
• B) In small countries, firms in industries where economies of scale are important will tend to export little, if any, of their output.
• C) The size of the trade sector (exports plus imports) as a share of GDP will generally be larger in more populous countries than in smaller less-populated countries.
• D) Countries with higher trade barriers have higher growth rates.

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Definitions:

Chemotherapy

A type of cancer treatment using chemical substances, especially one or more anti-cancer drugs as part of a standardized chemotherapy regimen.

Electroshock Treatment

Known as ECT or electroconvulsive therapy, it is a mental health treatment method where electrically induced seizures are utilized to alleviate symptoms of psychiatric conditions.

Depression

A psychological disorder identified by a constant state of low mood or a disinterest in pursuits, leading to considerable disruption in day-to-day activities.

Antianxiety Drugs

Antianxiety drugs are medications used to treat anxiety disorders and relieve anxiety symptoms.