In the Specific Factors Model,the Effects of Trade on Welfare

question 66

Multiple Choice

In the specific factors model,the effects of trade on welfare overall are ________ and for fixed factors used to produce the exported good they are ________.

• A) positive; positive
• B) negative; positive
• C) positive; negative
• D) ambiguous; positive
• E) positive; ambiguous

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Definitions:

Apnea

A temporary cessation of breathing, especially during sleep, which can lead to serious health complications if untreated.

Nightmare

A disturbing dream associated with negative feelings, such as anxiety or fear, that awakens the sleeper.

Stress

A physical, mental, or emotional response to external pressures or demands, often leading to feelings of strain or tension.

Newborn Babies

Infants in their earliest stage of life, typically considered to be the period up to 1 month after birth.