The Fundamental Force That Drives International Trade Is

question 100

Multiple Choice

The fundamental force that drives international trade is

• A)comparative advantage.
• B)absolute advantage.
• C)a country's desire to increase its trade surplus.
• D)cheap labour in countries like China and India.
• E)unemployment of factors of production.

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Definitions:

Social Marketing

The use of marketing principles and techniques to influence a target audience to voluntarily accept, reject, modify, or abandon a behavior for the benefit of individuals, groups, or society as a whole.

Corporate Giving

The act of corporations donating resources, such as money or goods, to charitable organizations or causes.

Adult Literacy

The ability of adults to read, write, and understand information, enabling them to function effectively in society.

Maple Leaf Foods

A major Canadian food processing company known for its products in the meat, poultry, and plant-based food industry.