If a Country's Productivity Doubles for Everything It Produces, This

question 158

True/False

If a country's productivity doubles for everything it produces, this will not alter its prior pattern of specialization because it has not altered its comparative advantage.

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Definitions:

Fair Hearing

A hearing conducted in accordance with the rules of procedural fairness; the person affected negatively by a decision has the right to receive proper and timely notice of all the matters affecting the case and be given a chance to put forward his side.

Privative Clauses

Legal provisions aimed at limiting or excluding the jurisdiction of judicial review over decisions made by administrative bodies.

Parliamentary Supremacy

The principle that the legislative body of a country has the highest authority over all other governmental institutions, including the judiciary.

Supervising Government Decision Makers

The oversight of individuals or bodies that make policy and regulatory decisions within the government framework.