Economists View the Fact That Florida Grows Oranges,Texas Pumps Oil,and

question 3

Multiple Choice

Economists view the fact that Florida grows oranges,Texas pumps oil,and California makes wine as

• A)confirmation of the virtues of free trade.
• B)confirmation of the infant-industry argument.
• C)confirmation that free trade agreements are not necessary.
• D)confirmation that specialization in absolute advantage works.

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Definitions:

Attitudes

A person's feelings, beliefs, and behavioral predispositions toward people, objects, ideas, or situations.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm cells, making them genetically unique from each other, similar to regular siblings.

Identical Twins

Twins resulting from the splitting of a single fertilized egg, sharing the same genetics, also known as monozygotic twins.

Raised Together

Refers to individuals who have grown up in the same environment or under similar upbringing conditions.