Which of the Following Statements Is True of the Gains

question 113

Multiple Choice

Which of the following statements is true of the gains to trade?

• A) The gains to trade expand as trading partners become more alike.
• B) The gains to trade shrink as trading partners become more alike.
• C) The trading nations can enjoy gains to trade even when none of the nations have a comparative advantage in the production of any good.
• D) The gains to trade are equal for all trading partners.

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Definitions:

Taylor and Mayo

refers to Frederick Taylor and Elton Mayo, pioneers in management and organizational theory, known for their work on scientific management and the human relations movement, respectively.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Systematic Research Anchor

A principle or approach in management research that emphasizes rigor, scientific methods, and empirical evidence.

Qualitative Data

Non-numeric information that is used to describe attributes, properties, or characteristics of objects or events.