In the Real World We Don't Observe Countries Completely Specializing

question 86

Multiple Choice

In the real world we don't observe countries completely specializing in the production of goods for which they have a comparative advantage.All of the following are reasons for this except

• A)not all goods and services are traded internationally.
• B)some countries have more resources than other countries.
• C)tastes for many traded goods are different in many countries because of globalization.
• D)production of most goods involves increasing opportunity costs.

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Definitions:

Peroxide Initiator

A compound that decomposes to form free radicals, initiating polymerization reactions.

Propylene

A flammable gas that is a colorless hydrocarbon used as a fuel and a petrochemical feedstock.

3-ethyl-3-hexene

An organic compound, specifically an alkene, with a double bond between two of the carbon atoms, and an ethyl group attached to the third carbon atom.

Regio-

A prefix indicating the region or position in a molecule where a chemical reaction occurs, often used in organic chemistry.