Trade Creates Value Because

question 83

Multiple Choice

Trade creates value because:

• A) people get what they want.
• B) raw materials are transformed into finished products.
• C) people exchange things they do not want for things they do.
• D) idle resources are put to use.

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Definitions:

Improved Efficiency

The enhancement of a system or process's ability to achieve a desired output with minimal input, energy, or effort.

Avoid Being Eaten

This term is not a standard scientific or technical key term; it could refer to the strategies or behaviors organisms use to evade predators.

Batesian Mimicry

Batesian mimicry is a form of mimicry where a harmless species evolves to imitate the warning signals of a harmful species to deter predators.