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:

National Culture

Is a set of shared values, beliefs, traditions, and behaviors that are characteristic of a particular country or nation.

Situational Variables

Factors or conditions present in the environment that can influence the outcome of a decision or action.

Leadership Behavior

The actions and conduct displayed by leaders, influencing the direction, efficiency, and performance of their teams or organizations.

Cross-cultural Research

is the examination of cultural differences and similarities, aiming to understand how diverse cultural contexts influence human behavior and societal structures.