The Proposal That Trade Agreements Should Include a System Which

question 7

Multiple Choice

The proposal that trade agreements should include a system which monitors worker conditions and make the results available to consumers in the rich importing country

• A)is consistent with the Ricardian theory of comparative advantage.
• B)is consistent with the scale economies approach to trade theory.
• C)is consistent with the Invisible Hand paradigm.
• D)is consistent with the principles laid out by the WTO.
• E)is consistent with the market failure approach.

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Definitions:

Heterozygous

A genetic condition where an individual has two different alleles of a gene.

Homozygous

A genetic condition where an individual has two identical alleles for a particular gene.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.