If There Are Only Two Nations, One Nation's Exports Are

question 55

Multiple Choice

If there are only two nations, one nation's exports are the
Other's imports; which of the following is identical for both
Nations?

• A)only the equilibrium relative price of the first nation's exports
• B)only the opportunity cost of the first nation's exports
• C)neither the equilibrium relative price nor the opportunity cost of the first nation's exports
• D)both the equilibrium relative price and the opportunity cost of the first nation's exports

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Definitions:

Continuous Reinforcement

A schedule of reinforcement in which every correct response is reinforced, leading to rapid learning but also rapid extinction of the behavior once reinforcement ceases.

Secondary Reinforcement

A process wherein a stimulus reinforces a behavior because it is associated with a primary reinforcer (e.g., praise that becomes rewarding because it is linked to receiving a physical reward).

Negative Reinforcement

A behavior modification technique that involves the removal of an unpleasant stimulus to increase the likelihood of a desired response.

Positive Reinforcement

Any pleasant or desirable consequence that follows a response and increases the probability that the response will be repeated.