An Argument in Favor of Multilateral Trade Liberalization (Multilateralism)over Preferential

question 48

True/False

An argument in favor of multilateral trade liberalization (multilateralism)over preferential trade agreements (regionalism)is that multilateralism results in less trade diversion.

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Definitions:

Conditioned Response

A learned reaction to a specific stimulus as a result of conditioning.

Sour Milk

Milk that has undergone bacterial fermentation, resulting in a tangy taste due to lactic acid.

Guava

A tropical fruit known for its unique flavor, high vitamin C content, and several health benefits.

Classical Conditioning

An educational technique involving the repeated pairing of two stimuli, leading to a scenario where the reaction initially prompted by the second stimulus is ultimately prompted by the first stimulus.