In General,one of the Results of Free Trade Is That

question 79

Multiple Choice

In general,one of the results of free trade is that the owners of domestically:

• A) scarce factors of production lose due to increased competition.
• B) abundant factors of production lose from increased demand.
• C) scarce factors of production win due to increased consumers.
• D) abundant factors of production win from decreased demand.

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Definitions:

Technical Prowess

The high degree of skill or expertise in a particular technical field or activity.

Flapper

A term used in the 1920s to describe a new generation of young Western women who wore short skirts, bobbed their hair, listened to jazz, and flaunted their disdain for what was then considered acceptable behavior.

Youth Culture

A way in which young people develop their own values and practices distinct from those of previous generations.

Ways of Dating

Refers to the methods or techniques used to determine the age of objects, fossils, or sites, including techniques like radiometric dating, carbon dating, and dendrochronology, as well as the social and interpersonal activities involved in seeking romantic relationships.