If There Are Big Gains to Be Had from Specialization

question 103

Multiple Choice

If there are big gains to be had from specialization and trade,countries generally don't produce one good because:

• A) national economies often are perfectly free markets.
• B) there is perfectly free trade between national economies.
• C) specialization is generally limited by trade agreements.
• D) All of these are true.

Understand the concepts of convergent and divergent thinking.

Learn about the similarities and differences between the human brain and a computer.

Identify the five basic properties of language.

Distinguish between inductive and deductive reasoning.

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Definitions:

Cognitive Development

The process of growth and change in intellectual/cognitive abilities such as thinking, reasoning, and understanding.

Discrete Stages

Distinct phases in development or processes that are clearly separated from one another, often with very different characteristics or functions.

Movement

The act or process of moving; in a broader context, it can refer to physical activities, migration, or social movements aiming for change.

Early Speech

The initial stages of acquiring and developing language skills, typically observed in toddlers as they begin to form words and simple sentences.