If Two Nations Were Identical

question 31

Multiple Choice

If two nations were identical:

• A) both nations would benefit from trade
• B) trade could result in higher income for everyone
• C) no trade would take place
• D) comparative advantage would result in specialization and trade

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Definitions:

Clinical Research

The in-depth examination of an individual or a group by a clinician who assists with psychological or medical problems.

Ethnocentric Bias

The tendency to view one's own culture or ethnicity as superior and to use one’s own cultural standards to judge others.

Biased Sample

A sample that does not accurately represent the population from which it was drawn due to systematic exclusion or over-representation of certain groups.

Ethnocentrism

The act of judging another culture solely by the values and standards of one's own culture.