Examlex
Assume that Canada has a comparative advantage in wheat and a comparative disadvantage in autos.As the Canadian demand for wheat increases, Canada's equilibrium terms of trade improves.
Daydreams
Spontaneous, self-generated thoughts and imaginations that occur while a person is awake, often reflecting desires, fears, or creative thinking.
Unrealistic Optimism
A cognitive bias causing a person to believe they are less likely to experience negative events and more likely to experience positive events.
Pessimism
A tendency to see the worst aspect of things or believe that the worst will happen.
Experience Seeking
A psychological trait characterized by the pursuit of novel and intense experiences and sensations.
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