Which of the Following Statements Is True

question 78

Multiple Choice

Which of the following statements is true?

• A)International trade raises wages in developing countries.
• B)International trade with rich industrial countries forces people in the developing countries to work for lower wages.
• C)International trade leads to job losses in both import competing industries and exporting industries.
• D)Unlike other types of international trade,offshore outsourcing does not bring any gains from trade.
• E)International trade encourages lax environmental standards.

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Definitions:

3-Sigma

A rule or principle in statistics indicating that nearly all values lie within three standard deviations of the mean in a normal distribution.

R Chart

R Chart, or range chart, is a type of control chart used in statistical process control to monitor the variability of a process based on samples taken from the process at given times.

Process Spread

Process spread refers to the variability within a process, often measured to assess the consistency of output over time.

Monitor

To regularly observe or check something over a period of time for the purpose of keeping track of its state or progress.