Which of the Following Results in International Specialization

question 129

Multiple Choice

Which of the following results in international specialization?

• A)Differing consumer tastes
• B)Diseconomies of scale in production
• C)A high world price for a good
• D)Diminishing returns to a variable factor of production
• E)Differences in benefits that consumers and producers get from domestic market exchange

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Definitions:

Body Weight

The total mass of an organism, typically measured to assess health and nutritional status.

Nutritional Recommendations

Guidelines suggested by health professionals on the types and amounts of food to consume for optimal health.

Nutrition

The process by which living organisms obtain and utilize food and nutrients for energy, growth, and maintenance.

Metabolic Processes

A series of chemical reactions in a living organism that enable it to maintain life, involving the production and utilization of energy.