Mercantilism Assignment (Scenario) The Final Assignment for Daniel Parilla's International Business Class Involves

question 80

Multiple Choice

Mercantilism Assignment (Scenario)
The final assignment for Daniel Parilla's international business class involves taking an in-depth look at one of the six classical perspectives that explain the rationale for international trade. Daniel plans to present an argument in favor of mercantilism. Daniel will be attempting to convince his classmates that mercantilism leads to national prosperity. Daniel's peers will be given the opportunity to counter his argument.
-Which of the following statements strengthens the proposition that free trade is beneficial to nations?

• A) Free trade increases the standard of living by reducing consumer expenses.
• B) Imported products tend to be more expensive than domestically produced products.
• C) Unrestricted international trade generally lowers the overall prosperity of poor countries.
• D) Unrestricted international trade generally boosts inflation in developed economies.

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Definitions:

Hypnosis

A mental state of heightened suggestibility, induced by a hypnotic induction, which can facilitate therapeutic changes.

Dissociation

A psychological condition in which there is a disconnection or lack of continuity between thoughts, memories, surroundings, actions, and identity.

Divided Consciousness

A theory in psychology in which the mind splits into different levels of awareness, especially noted during multitasking or hypnosis.

Role-Playing

The act of assuming a role or character different from oneself, often used as a learning tool or in gaming.