Critics of Trading Blocs Argue That These Agreements

question 140

Multiple Choice

Critics of trading blocs argue that these agreements:

• A) stimulate the economies by lowering trade barriers and attracting higher levels of foreign investment.
• B) stimulate the economies by raising trade barriers and attracting lower levels of foreign investment.
• C) offer too many cultural imperatives.
• D) result in an unfair trading advantage among participants.
• E) all of these.

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Definitions:

Mental Acts

Cognitive activities of the mind, such as thinking, reasoning, and problem-solving.

Mutual Exclusivity Assumption

The cognitive bias in language acquisition where children assume that objects only have one name and that different names refer to different objects.

Cones

In the eye, cone-shaped receptors of light that transmit sensations of color.

Zone Of Proximal Development

A concept developed by psychologist Lev Vygotsky, referring to the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.