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Table 19-11
Production and
Consumption Production
Without Trade With Trade
Denmark and Belize can produce both clocks and hats.Table 19-11 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.All of the following are terms of trade that could possibly benefit both countries except
Reinforcement
A process in behavioral psychology that involves increasing the probability of a behavior by following it with a positive or negative stimulus.
Responses
Reactions or replies to stimuli or situations.
Punishment
Consequences applied with the intention of reducing or eliminating unwanted behavior.
Imitation
The action of using someone or something as a model and attempting to replicate their behavior or actions.
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