In a Situation of Free Trade

question 6

Multiple Choice

In a situation of free trade,

• A)countries with comparative advantage will export more than countries with comparative disadvantage import.
• B)the total quantity of an item exported will be greater than the total quantity imported.
• C)importing countries will always produce some good, so that total quantity imported is less than total quantity exported.
• D)the total quantity of an item exported will equal the total quantity imported.

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Definitions:

Cultural Differences

Variations in the practices, customs, and behaviors of different societies or groups of people.

Intercostal Space

The anatomical area between two ribs, through which nerves and blood vessels pass.

Midclavicular Line

An imaginary line descending from the midpoint of the clavicle, often used as a reference in medical examinations or procedures.

Palpation

The technique of examining parts of the body by touch, especially for the purpose of diagnosing disease or illness.