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Given Below Is the Production Possibilities Schedule for a Small

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Given below is the production possibilities schedule for a small island nation in South Pacific that produces capital and consumer goods.Table 2.3
Given below is the production possibilities schedule for a small island nation in South Pacific that produces capital and consumer goods.Table 2.3    -If a nation specializes in activities in which opportunity costs are the lowest and then trades with other nations, it is most likely to: A) have a higher standard of living for its citizens than it would if it did not specialize and then trade. B) have a lower standard of living for its citizens than it would if it did not specialize and then trade. C) create as much wealth for its citizens as it could if it did not specialize and then trade. D) benefit in the short run but incur heavy loss in the long run. E) incur heavy loss in the short run and eventually cease production in the long run.
-If a nation specializes in activities in which opportunity costs are the lowest and then trades with other nations, it is most likely to:

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Definitions:

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing societal standards and ideals internalized during childhood.

Id

In psychoanalytic theory, the part of the mind in which innate instinctive impulses and primary processes are manifest.

Preconscious

Part of the mind that contains thoughts and feelings that are not currently in conscious awareness but can be easily brought to consciousness.

Unconscious

Part of the mind that is not within thought's immediate awareness, influencing behaviors and thoughts without our knowing.

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