Senator Bright,who Understands Economic Principles,is Trying to Convince Workers in Her

question 26

Multiple Choice

Senator Bright,who understands economic principles,is trying to convince workers in her district that trade with other countries is beneficial.Senator Bright should argue that trade can be beneficial

• A)only if it allows us to obtain things that we couldn't make for ourselves.
• B)because it allows specialization,which increases total output.
• C)to us if we can gain and the others involved in the trade lose.
• D)in only a limited number of circumstances because others are typically self-interested.

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Definitions:

Temptation

The desire to engage in short-term urges for enjoyment, often at the expense of long-term goals.

Prone To Errors

Having a high likelihood of making mistakes or encountering inaccuracies.

Inefficient

A situation or process that does not make the best or most effective use of resources, time, or energy.

Human Brain

The central organ of the human nervous system, responsible for thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.