Some Nations That Seek to Produce All of Their Own

question 37

Multiple Choice

Some nations that seek to produce all of their own needs face the problem that:

• A) some industries are too small to be efficient if restricted to their domestic markets alone.
• B) they can deplete their natural resources as a result.
• C) the opportunity cost of producing some of their own goods is lower than that of trading with others for them.
• D) they will not be able to satisfy the wants of all of their citizens.

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Definitions:

Electronic Key Card

An alternative to a key for room or building access.

Tailgating

An unauthorized person following an authorized individual to gain entry into a restricted area, often used in the context of security breaches.

Unauthorized Person

An individual who does not have the necessary approvals or permissions to access a specific area, system, or set of information.

Authorized Person

An individual who has been officially granted permission or authority to access specific resources, areas, or information, often within a restricted or secure environment.