If Two Countries Begin Trade and Both Produce a Product

question 6

Multiple Choice

If two countries begin trade and both produce a product subject to external economies of scale,then the country with the rate of production will production until it controls of the market.

• A)lower; increase; 50%
• B)higher; increase; 100%
• C)higher; decrease; 0%
• D)higher; increase; 50%
• E)lower; increase; 100%

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Definitions:

Id

In psychoanalytic theory, the part of the human psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id and the constraints of the super-ego, operating on the reality principle.

Libido

A term used to describe sexual drive or desire, often discussed in the context of psychological and psychoanalytic theories.

Play Stage

The second stage in Mead’s theory of the development of self wherein children pretend to play the role of the particular or significant other.