With the "Opening" of Trade, the Item Exported Experiences

question 114

Multiple Choice

With the "opening" of trade, the item exported experiences
a(n. ________ in demand and therefore a(n) ________ in
Its relative (domestic) price, whereas the item imported
Experiences a(n) ________ in demand and therefore a(n)
________ in its relative (domestic) price.

• A)increase, increase; decrease, decrease
• B)increase, decrease; increase, decrease
• C)decrease, decrease; increase, increase
• D)decrease, increase; decrease, increase

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Definitions:

William Stern

A German psychologist best known for developing the concept of the intelligence quotient (IQ) and for his significant contributions to differential psychology and personality theory.

Mental Age

A measure of an individual's intellectual development as compared to the average intellectual capacity of individuals in the same age group.

IQ

An abbreviation for Intelligence Quotient, a measure of a person's intellectual capabilities in relation to their age group.

Heredity

The passing of traits from parents to their offspring, either through asexual reproduction or sexual reproduction.