The Concepts of Specialization and Gains from Trade Can Be

question 102

Multiple Choice

The concepts of specialization and gains from trade can be applied to:

• A) international trade.
• B) why globalization has expanded recently.
• C) consumer decisions.
• D) household decisions.

---

Definitions:

Realistic Job Previews

A communication process used by an organization to provide potential employees with an accurate picture of what to expect from a job, including both its positive and negative aspects.

Early Job Satisfaction

The level of contentment employees feel about their job roles and work environment shortly after commencing employment.

Unrealistic Expectations

Expectations that are overly optimistic and not aligned with actual capabilities, resources, or realities, often resulting in disappointment or failure.

Traditional Recruitment

The process of filling job vacancies through conventional methods like job postings, newspaper ads, or employment agencies.