Which of the Following Statements Is TRUE

question 101

Multiple Choice

Which of the following statements is TRUE?

• A) Trade makes workers in high productivity countries less productive.
• B) Trade causes workers in low-wage countries receive an even lower wage.
• C) Specialization and trade raise wages in both countries party to the trade.
• D) Specialization and trade raise productivity but not wages.

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Definitions:

Conceptual Knowledge

The understanding of principles and relations among objects, facts, and ideas within a certain domain.

Declarative Knowledge

Knowledge that can be consciously recalled, such as facts and information.

Vegetation

Plant life or plant communities collectively, commonly referred to in terms of the physical environment they occupy.

Rainfall

The amount of rain that falls over a specific area within a specific period, crucial for water supply, agriculture, and climate patterns.