Which of the Following Statements Is True

question 33

Multiple Choice

Which of the following statements is true?

• A)Exports tend to decrease economic efficiency.
• B)A nation should specialize in producing a good in which it has an absolute advantage.
• C)A nation should specialize in producing a good only when it has both an absolute and a comparative advantage.
• D)A nation should specialize in producing a good in which it has a comparative advantage.
• E)International trade does not reflect the benefits of specialization.

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Definitions:

Gibson and Walk

Psychologists known for the "visual cliff" experiment, which studied depth perception and fear of falling in infants.

Cochlear Implants

Electronic medical devices that replace the function of the damaged inner ear by providing sound signals directly to the brain.

Born Deaf

Refers to individuals who are deaf from birth, often due to genetic factors or complications during pregnancy or birth.

Light Waves

Electromagnetic waves that are visible to the human eye, responsible for the phenomenon of sight and characterized by their wavelength and frequency.