Which of the Following Is a Result of Trade Creation

question 102

Multiple Choice

Which of the following is a result of trade creation?

• A) The demand for goods tends to increase.
• B) Purchasing power of consumers decreases.
• C) Consumers have a limited choice for selection of goods.
• D) Imported goods are seldom available at lower prices.

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Definitions:

Maslow's Ideas

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to self-actualization.

Predictable Hierarchy

A clearly defined structure in an organization or system where positions and roles are ranked according to levels of authority and responsibility in a predictable manner.

Self-Actualization

The accomplishment or actualization of individual capabilities and possibilities, viewed as a fundamental motivation or requirement in each person.

Maslow's Needs Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five levels of needs: physiological, safety, love/belonging, esteem, and self-actualization.