Which of the Following Is an Empirically Supported Prediction of the New

question 104

Multiple Choice

Which of the following is an empirically supported prediction of the new trade theory?

• A)Trade increases the specialization of production within an industry.
• B)Nations benefit from trade only when they differ in factor endowments.
• C)Government intervention and strategic trade policies are more likely to harm international trade than is free trade.
• D)The locus of global production initially switches from the United States to other advanced nations.
• E)Comparative advantage arises from differences in productivity and factor endowments.

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Definitions:

Phylum Arthropoda

The largest phylum in the animal kingdom, including insects, arachnids, myriapods, and crustaceans, characterized by segmented bodies and jointed limbs.

Jointed Appendages

Characteristic features of arthropods, including insects and crustaceans, where limbs are jointed, allowing for movement.

Planarians

Flatworms belonging to the Turbellaria class, known for their remarkable regenerative ability and as subjects of biological research.

Circulatory System

The body system that functions in internal transport and protects the body from disease.