One Method to Verify That Published Training Materials Are Based

question 31

Multiple Choice

One method to verify that published training materials are based on research is to

• A) be familiar with the author or authors.
• B) review the material for footnotes or sources of information.
• C) review the material to determine the cost.
• D) be familiar with the topic.

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Definitions:

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, leading to a decrease in the per unit cost as output increases.

Trade Sector

The segment of the economy that involves the exchange of goods and services across borders.

Exports Plus Imports

The total value of all goods and services a country sells to and buys from other countries; a measure of a country's international trade.

Comparative Advantage

The capability of a nation, person, corporation, or area to create a product or service at a reduced opportunity cost compared to its rivals.