Evaluate
- $( - 12 ) ^ { 0 }$ A) $- 12$

question 43

Multiple Choice

Evaluate.
- $( - 12 ) ^ { 0 }$

• A) \(- 12\)
• B) 1
• C) 0
• D) \(- 1\)

---

Definitions:

Differences in Tastes

Variations in consumer preferences that influence demand for products and services across different markets or demographics.

Resource Endowments

The natural resources, labor force, capital, and technology that a country possesses, which influence its economic potential.

Trade Gains

The benefits that countries receive from engaging in international trade, often leading to more efficient production and a greater variety of goods and services.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing an action.