Differences in Resource Endowments Are Differences in

question 80

Multiple Choice

Differences in resource endowments are differences in

• A)tariffs charged by each country
• B)consumption patterns across nations
• C)production patterns across nations
• D)the quantity, but not the quality, of resources available in different nations
• E)the quality and quantity of resources available in different nations

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Definitions:

Weapons Deal

An agreement between parties, typically countries or organizations, for the sale and purchase of military arms and equipment.

Oliver North

A former United States Marine Corps lieutenant colonel involved in the Iran-Contra affair during the Reagan administration, known for his role in the sale of arms to Iran.

Nicaragua

A country in Central America known for its dramatic terrain of lakes, volcanoes, and beaches.

Carter Administration

The executive period of Jimmy Carter, the 39th President of the United States, from 1977 to 1981, known for its emphasis on human rights and environmental issues.