Which of the Following Is Not a Basis for Trade

question 41

Multiple Choice

Which of the following is not a basis for trade between two nations?

• A)different skill levels of the labor forces
• B)one nation's absolute advantage
• C)a difference in tastes between countries
• D)economies of scale
• E)different capital stocks

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Definitions:

Farsightedness

A common vision condition where distant objects are seen more clearly than close ones, also known as hyperopia.

Normal Eyeball

An eyeball that has proper shape and size, allowing for clear vision and normal focusing ability without the aid of corrective lenses.

Ciliary Muscles

The ring of smooth muscle fibers in the eye's middle layer that controls the lens's shape for focusing.

Cataract

A medical condition where the lens of the eye becomes progressively opaque, leading to blurred vision and, if untreated, blindness.