International Trade

question 32

Multiple Choice

International trade

• A)reduces world output of goods and services
• B)lowers economic efficiency
• C)allows countries to specialize in producing particular products
• D)creates opportunity cost differentials in production
• E)shifts each economy's production possibilities frontier inward

---

Definitions:

Opossums

Marsupials native to the Americas known for their ability to play dead as a defensive mechanism and their omnivorous diet.

Clear-cutting

A forestry or logging practice where most or all trees in an area are uniformly cut down.

Old-growth Characteristics

Features typical of ancient forests, such as large trees, significant amounts of dead wood, and high biodiversity.

Conservation Biologists

Scientists who study methods of protecting and restoring biodiversity, focusing on the integrated management of habitats and wildlife.