Unless There Are Barriers to Prevent Free International Trade,a Country

question 20

Multiple Choice

Unless there are barriers to prevent free international trade,a country becomes an importer:

• A)when the world price exceeds the domestic price.
• B)when the domestic price exceeds the world price.
• C)when there is an excess supply in the domestic market.
• D)when it wants to expand its scale of operation.
• E)when the opportunity cost of producing a good is lower relative to other countries.

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Definitions:

Agreeableness

A personality trait typified by compassion, cooperativeness, and a harmonious attitude toward others.

Antagonism

Hostility or opposition between individuals or groups, often resulting in conflict or resistance.

Trait Domains

Categories or clusters of personality traits that share similar characteristics or themes.

Avoidant

A personality trait characterized by a persistent pattern of avoiding social interaction and minimizing social contact due to fear of rejection, criticism, or disapproval.