All of the Following Are Sources of Dynamic Gains from Trade

question 80

Multiple Choice

All of the following are sources of dynamic gains from trade except

• A) specialization and the reallocation of existing resources
• B) additional saving and investment that occurs over a period of time
• C) economies of large-scale production
• D) economic stimulus provided by increasing levels of competition

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Definitions:

Framing Error

A mistake made in how problems, solutions, or decisions are presented or conceptualized, potentially leading to poor outcomes.

Resistance to Change

Opposition or pushback from individuals or groups within an organization towards initiatives, policies, or changes perceived as harmful or unnecessary.

Sucker Trap

A situation where an individual or group is easily deceived or manipulated into a disadvantageous position.

Short-Term Thinking

A focus or emphasis on immediate gains or results, often at the expense of long-term benefits.