By Implementing Policies Called for by the Theory of Comparative

question 66

Multiple Choice

By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?

• A) One country is able to out produce and sell more than the other country
• B) Production increases in one country while consumption decreases in the other
• C) Consumption drops in both countries while production remains constant
• D) Consumption increases in both countries

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Definitions:

Roles

Roles refer to the expected behaviors, duties, and responsibilities associated with a particular social position or status within a group or society.

Norms

Shared standards of acceptable behavior within a society or group.

Decision Process

The cognitive process involved in choosing between different alternatives or developing strategies to address a problem or achieve a goal.

Taking Responsibility

The act of acknowledging and accepting the choices one has made, the actions one has taken, and the results they have led to.