Factor Endowments Refer to the Extent to Which a Country

question 104

Multiple Choice

Factor endowments refer to the extent to which a country:

• A) supports education, research, and development.
• B) develops the infrastructure to support industrialism.
• C) supports free trade.
• D) is endowed with such resources as land, labor, and capital.

---

Definitions:

Attitude-Improving Feedback

Constructive criticism or suggestions provided with the intention of positively influencing someone's mindset or behavior.

Self-Absorbed

Preoccupied with one's own feelings, interests, or situations to the extent of overlooking the needs and concerns of others.

External Locus

The belief that one's outcomes in life are determined by external forces or environment rather than personal actions.

Introvert Temperament

A personality trait characterized by a focus on internal feelings rather than external sources of stimulation, often preferring solitary or calm environments.