A Political Benefit of Economic Integration Is That It

question 97

Multiple Choice

A political benefit of economic integration is that it

• A) enables participants to achieve gains from the free flow of trade.
• B) enables participants to achieve gains from the free flow of investment.
• C) allows countries to specialize in the production of goods and services that they can produce most efficiently.
• D) reduces the potential for violent conflict.

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Definitions:

Political Preferences

Individual ideological affiliations or choices regarding political parties, policies, or candidates that align with personal values and beliefs.

Correlational Measures

Statistical methods used to determine the extent to which two variables have a linear relationship with each other.

Correlation Coefficient

A statistical measure of the extent to which two factors vary together, and thus of how well either factor predicts the other. Scores with a positive correlation coefficient move up and down together (as with high school and college GPAs). A negative correlation coefficient indicates that one score falls as the other rises (as in the relationship between self-esteem and depression).

Statistical Measure

A quantitative value representing a summary or collection of data, such as mean, median, or mode.