Specialization Allows for

question 104

Multiple Choice

Specialization allows for

• A) more consumption for all trading partners.
• B) more consumption for the trading partner with the comparative advantage.
• C) more consumption for the trading partner with the absolute advantage.
• D) equal consumption among trading partners.

---

Definitions:

Theodore Roosevelt

26th President of the United States, noted for his exuberant personality, range of interests and achievements, and his leadership of the Progressive Movement.

American-Spanish War

A conflict between the United States and Spain in 1898, resulting in the U.S. gaining territories in the western Pacific and Latin America.

McKinley

William McKinley was the 25th president of the United States, serving from 1897 until his assassination in 1901, known for leading the nation during the Spanish-American War and advocating for protective tariffs.

Philippines

An archipelagic country in Southeast Asia, consisting of over 7,000 islands, known for its significant history of Spanish and American colonialism followed by a period of martial law.