A Country May Gain a Temporary Comparative Advantage If

question 41

Multiple Choice

A country may gain a temporary comparative advantage if:

• A)it is the first to discover and implement a new technology or production process.
• B)it remains self-sufficient until it stockpiles enough inventory to supply the world.
• C)it remains a political ally to all.
• D)All of these are true.

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Definitions:

Expectancy Theory

A motivational theory suggesting that an individual's motivation is influenced by their expectation of achieving a desired outcome and the value they place on that outcome.

Anticipated Satisfaction

The expectation of fulfillment or happiness one believes will come from acquiring or achieving something in the future.

Goal-Setting Process

A systematic approach to setting objectives that are specific, measurable, achievable, relevant, and time-bound (SMART).

Goal Quality

The extent to which goals set within an organization or by an individual are clear, attainable, and measurable.