Which of the Following Is NOT an Outcome of Trade

question 57

Multiple Choice

Which of the following is NOT an outcome of trade?

• A) People with different preferences are made better off.
• B) Specialization and increased productivity develop.
• C) A division of knowledge among trading partners develops.
• D) People in poor countries are made worse off.

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Definitions:

Main Effect

The direct impact of an independent variable on a dependent variable in an experiment.

Factorial ANOVA

A statistical analysis method used to examine the effects of two or more categorical independent variables on one continuous dependent variable, and how their interactions affect the mean of the dependent variable.

Independent Variable

A variable in an experiment that is manipulated to observe its effect on a dependent variable.

Difference Between Levels

The quantitative or qualitative disparity observed between distinct stages or conditions in a variable.