If the United States Has an Absolute Advantage in Producing

question 168

True/False

If the United States has an absolute advantage in producing computer components, it should export them worldwide.

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Definitions:

Elaborative Rehearsal

A method of memory consolidation that involves thinking about the meaning of the term to be remembered, rather than simply repeating the word to oneself.

Serial Position Effect

A phenomenon of memory that states people tend to remember the first and last items in a series best, and the middle items worst.

STM

Short-Term Memory, a capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

LTM

Long-term memory, which refers to the storage of information over extended periods of time.