When,in Our Analysis of the Gains and Losses from International

question 161

Multiple Choice

When,in our analysis of the gains and losses from international trade,we assume that a particular country is small,we are

• A)assuming the domestic price before trade will continue to prevail once that country is opened up to trade with other countries.
• B)assuming there is no demand for that country's domestically-produced goods by other countries.
• C)assuming international trade can benefit producers,but not consumers,in that country.
• D)making an assumption that is not necessary to analyze the gains and losses from international trade.

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Definitions:

Size Constancy

The tendency to perceive an object as being the same size even as the size of its retinal image changes according to the object’s distance.

Texture Gradient

A monocular cue for depth based on the perception that closer objects appear to have rougher (more detailed) surfaces.

Monocular Cues

Stimuli suggestive of depth that can be perceived with only one eye.

Frequency Theory

The theory that the pitch of a sound is reflected in the frequency of the neural impulses that are generated in response to the sound.