Which of the Following Is Explained by International Trade Theory

question 5

Multiple Choice

Which of the following is explained by international trade theory?

• A)Differences in production costs.
• B)Differences in levels of technology.
• C)Foreign exchange rates.
• D)Differences in efficiency of factor use.
• E)It explains differences in production costs,levels of technology,in efficiency of factor use and foreign exchange rates.

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Definitions:

IF Function

A logical function in programming and spreadsheet software that returns one value if a condition is true and another value if the condition is false.

Logical Test

A logical test is an operation in computer programming and spreadsheet applications that evaluates a condition and returns a true or false outcome based on the logic defined.

Fill Formatting Only

This refers to copying only the formatting of a selection without the contents, commonly used in spreadsheet and document editing software.

Destination Area

Destination Area is the end location to which data is intended to be moved or copied within a software application.