Which of the Following Is NOT a Reason for Mutually

question 73

Multiple Choice

Which of the following is NOT a reason for mutually beneficial trade to occur between two countries?  

• A) The opportunity cost of producing two goods differs between the two trading partners. 
• B) One country is more productive than the other. 
• C) One country is more efficient than the other. 
• D) One country has an absolute advantage over the other.

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Definitions:

Technical Analysis

A methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.

Statistical Analysis

The process of collecting, reviewing, and interpreting data to discover patterns and significance in the collected information.

Positive Reinforcement

A concept in behavioral psychology where the introduction of a desirable or pleasant stimulus after a behavior increases the likelihood of that behavior occurring in the future.

Negative Reinforcement

A behavior modification technique where the removal of an undesirable or unpleasant stimulus strengthens a desired behavior.