If Nations Begin to Specialize in Production for the Purpose

question 192

Multiple Choice

If nations begin to specialize in production for the purpose of trade,

• A)the utility from consumption will increase, but not the total output.
• B)total world output will increase, as well as well-being from consumption.
• C)total world output will increase, but well-being from consumption will not.
• D)neither total output nor well-being from consumption will change.
• E)the impact on total output and well-being cannot be predicted.

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Definitions:

Genotype

The genetic makeup of an organism, made up of the DNA sequences that code its traits, which can influence its phenotype.

Regulator

An entity or mechanism that controls the rate or activities of a system, often used in the context of governing bodies or physiological processes.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.

Chronic Stress

A long-term and constant form of stress, deriving from unresolvable issues that lead to a state of ongoing physiological arousal.