In Principle, Trade Can Make a Nation Better Off, Because

question 101

True/False

In principle, trade can make a nation better off, because the gains to the winners exceed the losses to the losers.

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Definitions:

Internalized Racism

The personal conscious or subconscious acceptance of the racial stereotypes and biases of the dominant culture, causing individuals to act against their own ethnic group.

Minority Group Members

Individuals belonging to a sociodemographic group that experiences discrimination, social disadvantage, or is numerically less than the majority group within a society.

Prejudiced

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience, often manifesting in negative or discriminatory beliefs.

Institutional Discrimination

Discrimination that has been embedded into the policies, laws, and practices of social institutions, resulting in unfair treatment of individuals based on their group identity.