Nations with Complementary Economic Bases Are Least Likely To

question 79

Multiple Choice

Nations with complementary economic bases are least likely to:

• A) develop a distinctive monetary system.
• B) outweigh individual differences with the total benefit of economic integration.
• C) experience internal economic development.
• D) achieve enlargement of market opportunities through preferential tariff treatment.
• E) encounter frictions in the development and operation of a common market unit.

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Definitions:

Slippery Slope

A logical fallacy that argues a relatively small first step leads to a chain of related events culminating in some significant effect, often used as a form of argument to caution against a course of action.

Extracting

The act of removing or obtaining a resource from a source, often used in the context of mining, harvesting, or obtaining information from data.

Barrel

A unit of measurement for oil and petroleum products, equivalent to 42 U.S. gallons.

Conservation

The management of resources to prevent waste, destruction, or neglect, ensuring their sustainability for future generations.