If Countries Do Not Engage in International Trade

question 170

Multiple Choice

If countries do not engage in international trade:

• A) they give up the ability to specialize in production.
• B) worldwide levels of production are lower.
• C) the world will be operating inside its production possibilities curve.
• D) all of the above are true.

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Definitions:

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions.

Fixed-Interval Schedule

A type of reinforcement schedule in operant conditioning where rewards are provided after a specific, constant period of time has passed.

Variable-Ratio Schedule

A reinforcement schedule in which the number of responses needed for a reward varies, this schedule tends to produce a high and consistent rate of response.

Fixed-Ratio Schedule

A type of reinforcement schedule in behaviorist theories where a response is reinforced only after a specified number of responses.