When Chain of Organic Coffee Shops in Portland Purchases Coffee

question 77

Multiple Choice

When chain of organic coffee shops in Portland purchases coffee from Colombia, it

• A) is importing the coffee.
• B) is exporting the coffee.
• C) has an absolute advantage.
• D) is decreasing the balance-of-trade deficit.
• E) is making a big mistake.

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Definitions:

Group Mind

McDougall’s idea that people adopt a qualitatively different mode of thinking when in a group.

Social Cognition

How people process, store, and apply information about others and social situations, influencing their perceptions, attitudes, and behaviors.

Cognitive Miser

A term from social psychology that describes individuals' tendency to conserve mental energy by simplifying complex information through heuristics.

Manipulation and Transfer

Techniques used in research or applied contexts to explore the causality of variables or to apply knowledge or skills learned in one context to another.