According to the Theory of Comparative Advantage, a Country Specializes

question 97

True/False

According to the theory of comparative advantage, a country specializes in producing goods with lower opportunity costs than in another country.

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Definitions:

Assimilation

The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Acculturation

The process of cultural exchange and adaptation that occurs when two or more cultures come into direct continuous contact, leading to changes in the original cultural patterns of either or both groups.

Cultural Evolution

Cultural change over time- not to be confused with progress.

Ethnocide

The violent eradication of an ethnic group's collective cultural identity as a distinctive people; occurs when a dominant society deliberately sets out to destroy another society's cultural heritage.