Which of the Following Is Not an Expected Social Consequence

question 18

Multiple Choice

Which of the following is not an expected social consequence of wealth disparity in the world? Poor countries have:

• A) the highest birth rates and the lowest life expectancies.
• B) the lowest mortality rates and the lowest education levels.
• C) very poor quality infrastructural systems and more health problems.
• D) fewer adults to care for the number of young children.
• E) more children born underweight than overweight.

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Definitions:

Protective Tariffs

Import taxes imposed by a country on foreign goods to protect domestic industries from competition by making imported goods more expensive.

Comparative Advantage

The capacity of an entity to generate a product or service with a lesser opportunity cost compared to others.

Protectionist Argument

The rationale for implementing trade barriers, such as tariffs and quotas, to protect domestic industries from foreign competition.

Dumping

Selling goods in a foreign market at a price below the cost of production or below the price in the home market, often to gain market share.