The Concepts of Comparative Advantage, Specialization, and Trade Form a Compelling

question 139

Multiple Choice

The concepts of comparative advantage, specialization, and trade form a compelling argument in favor of:

• A) free trade.
• B) protectionism.
• C) self-sufficiency.
• D) only exporting goods and not importing goods.

---

Definitions:

Cells

Basic structural, functional, and biological units of all living organisms, consisting of a nucleus and cytoplasm enclosed in a membrane.

Mesozoic Era

Span of geologic time commonly known as the Age of Reptiles; divided into Triassic (252–201 mya), Jurassic (201–145 mya), and Cretaceous (145–66 mya) periods; ended with the mass extinction of the dinosaurs and many other species.

Dominant Life Form

The prevailing organisms in a particular ecosystem, characterized by their extensive presence and influence on that environment.

Reptiles

Vertebrates characterized by dry skin with horny scales and adaptations for terrestrial reproduction; include turtles, snakes, and alligators; reptiles are a paraphyletic group unless birds are included.