How Are Differences in Resource Endowments Represented

question 29

Multiple Choice

How are differences in resource endowments represented?  

• A) by differences in consumption patterns across nations 
• B) by differences in production patterns across nations 
• C) by differences in the quantity, but NOT the quality, of resources available in different nations 
• D) by differences in the quality and the quantity of resources available in different nations

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Definitions:

Role Schema

The cognitive structure that holds expectations and beliefs about the behaviors, attributes, and roles of individuals within certain contexts.

Group Schema

A shared cognitive framework held by members of a group, which helps them interpret and predict the behavior and attitudes of the group.

Internal

Pertaining to or existing within an entity (such as an individual, organization, or system).

Stable

Characterized by consistency, permanence, and resistance to change over time.