_________ Will Lead to the Movement of Labor and Capital

question 26

Multiple Choice

_________ will lead to the movement of labor and capital from areas of low productivity to areas of high productivity.

• A)Trade creation
• B)Supply chain management
• C)Trade diversion
• D)Price mobility
• E)Factor mobility

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Definitions:

Cause-Effect Relationships

The principle that an action or event (cause) will produce a certain response or outcome (effect).

Hawthorne Effect

The alteration of behavior by the subjects of a study due to their awareness of being observed, as first identified in research at the Hawthorne Works plant.

Motivational and Emotion Theory

A framework exploring how motivation and emotions influence human behavior, decision-making, and interactions.

Own Goals

In sports, an act of scoring a point or goal against one's own team, often resulting from a mistake or miscalculation.