International Economists Cannot Discuss the Effects of International Trade or Recommend

question 23

Multiple Choice

International economists cannot discuss the effects of international trade or recommend changes in government policies toward trade with any confidence unless they know

• A)their theory accounts for China's unique position in international trade.
• B)their theory passes the "reasonable person" legal criteria.
• C)their theory is internally consistent.
• D)their theory is good enough to explain the international trade that is actually observed.
• E)their theory is the best available.

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Definitions:

Grapevine

Informal communication channels within organizations where information, rumors, and unofficial news spread among employees.

Close Contacts

Individuals who are closely connected to one another, often through frequent interaction or emotional bonds.

E-body Language

The way individuals convey emotions or intentions through digital or electronic communication, such as email or text messaging.

Status

The relative social, professional, or other standing of someone or something compared to others.