If There Are Large Disparities in Wage Levels Between Countries

question 8

Multiple Choice

If there are large disparities in wage levels between countries, then

• A) trade is likely to be harmful to both countries.
• B) trade is likely to be harmful to the country with the high wages.
• C) trade is likely to be harmful to the country with the low wages.
• D) trade is likely to be harmful to neither country.
• E) trade is likely to have no effect on either country.

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Definitions:

Common Bond

The shared connection or mutual interest that ties members of a group or community together.

Common Identity

A form of social identity that emphasizes unity and shared characteristics among members of a group, fostering a sense of belonging.

Communal Sharing

A relational model theorizing how people in a group share resources and responsibilities without keeping track of individual contributions or distributions.

Entitativity

The perception or degree to which a group of entities is considered to be a coherent, single unit.