If There Are High Transportation Costs

question 39

Multiple Choice

If there are high transportation costs

• A)the terms of trade will also be high
• B)the result could be incomplete specialization
• C)large countries will have an advantage in trading with small countries
• D)small countries will have an advantage in trading with large countries
• E)trade will be based on absolute advantage rather than comparative advantage

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Definitions:

Coregulation

A process of interaction where two or more individuals adjust their actions and behaviors in response to each other to maintain harmony and support in a relationship.

Parent

An individual who has begotten or borne offspring and is responsible for their care and upbringing.

Child

A child is a young human being below the age of puberty or below the legal age of majority.

Control

The power to influence or direct people's behavior or the course of events.