Which of the Following Is True

question 149

Multiple Choice

Which of the following is true?

• A) Competition from abroad fails to provide domestic producers with a strong incentive to improve the quality of their products and keep their costs low.
• B) When economies of scale are important in an industry, international trade benefits domestic consumers but harms domestic producers.
• C) When economies of scale are important in an industry, international trade will be particularly important for domestic producers operating in small countries.
• D) Economies of scale eliminate the potential gains from international trade.

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Definitions:

Dominant Inheritance

A pattern of genetic inheritance where only one copy of a gene from one parent is needed to express a certain trait, often overshadowing the other non-dominant gene.

Normal Behavior

actions or reactions of an individual or group that are considered typical or expected within a specific culture or society.

Recessive

A genetic characteristic that is expressed in an organism's phenotype only when two copies of the gene responsible for the trait are present.

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.