Which of the Following Would the Government of Zucoland Most

question 56

Multiple Choice

Which of the following would the government of Zucoland most likely experience as a benefit of joining the trading bloc?

• A) trade diversion
• B) increased national sovereignty
• C) greater consensus
• D) production shifts to low-wage nations

---

Definitions:

Screen Printing

A printing technique where a mesh is used to transfer ink onto a substrate, except in areas made impermeable to the ink by a blocking stencil.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net gain or loss for a business.

Contribution Margin

Contribution margin is the amount of revenue remaining after deducting the variable costs of producing a product, indicating how much contributes to covering fixed costs and generating profit.

Variable Costs

Costs that fluctuate based on the level of a business’s activity.