Which of the Following Statements About the Specific­

question 82

Multiple Choice

Which of the following statements about the specific­
Factors model is TRUE?

• A)When exports of a product rise, the increase in export revenue is divided equally among mobile and
• Specific factors of production.
• B)When imports rise, revenues of firms that compete with imports fall.The decrease in revenue is divided
• Equally among the mobile and specific factors of
• Production.
• C)When exports of a product rise, factors specific to exports gain less and mobile factors gain more; when
• Imports rise, factors specific to firms competing with
• Imports gain more and mobile factors gain less.
• D)When exports of a product rise, factors specific to When exports of a product rise, factors specific to
• Exports gain more than mobile factors; when imports
• Rise, factors specific to import competing industries lose
• More than mobile factors.

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Definitions:

Maslow

Refers to Abraham Maslow, an American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Appreciate

The recognition and enjoyment of the good qualities of someone or something, often leading to a sense of gratitude.

Self-actualize

The process of realizing or achieving one's potential and capacities, making it a key goal in humanistic psychology.

Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.