Which of the Following Is Most Likely a Basis for a Jamaican

question 84

Multiple Choice

Which of the following is most likely a basis for a Jamaican natural advantage in international trade?

• A)product technology developed by a Jamaican company
• B)high literacy rates among Jamaican citizens
• C)the use of English as the primary language
• D)beautiful beaches and climate

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Definitions:

Social Regulation

Regulations aimed at improving health, safety, welfare, and well-being of citizens, often including environmental and consumer protection laws.

Consumer Product Safety Commission

A U.S. federal agency responsible for protecting the public from unreasonable risks of injury or death from consumer products through regulation, enforcement, and education.

Industrial Regulation

Government policies and rules designed to control or supervise industries for the purpose of protecting public interests.

Marginal Benefit

The enhanced utility or pleasure that comes from acquiring or making an additional unit of a good or service.