Since Production Has Shifted to More Efficient Producers Due to Comparative

question 8

Multiple Choice

Since production has shifted to more efficient producers due to comparative advantage, consumers in Country X have had access to more goods at lower prices.Which of the following most likely exists?

• A)trade specialization
• B)trade diversion
• C)trade creation
• D)trade internalization

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Definitions:

Virtual Keyboards

A software component that allows input of characters without the need for physical keys, often utilized on touchscreen devices.

On-Screen

Displayed or occurring on a computer or television screen.

Text Input

The method or process used to enter text into a computer or device, typically involving keyboards, touchscreens, or voice recognition.

Desktop Computers

Desktop computers created for everyday usage in a fixed spot, either on or close to a desk, owing to their large size and electrical power needs.