If an Economist Develops a Theory About International Trade Based

question 2

Multiple Choice

If an economist develops a theory about international trade based on the assumption that there are only two countries and two goods:

• A) the theory can be useful only in situations involving two countries and two goods
• B) it is a total waste of time, since the actual world has many countries trading many goods
• C) the theory can help explain trade involving many countries and many goods
• D) the theory can be useful in the classroom, but has no use in the real world

---

Definitions:

Team Building

The process of enhancing social relations, clarifying team members' roles, and solving task and interpersonal problems that can affect team functionality.

Brainstorming

A creative group activity aimed at generating a large number of ideas for the solution to a problem.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Quality Circles

Small groups of workers from the same work area who meet regularly to identify, analyze, and solve work-related problems, aiming to improve quality, efficiency, and the work environment.