New Trade Theory Points Out That Through Its Impact on Economies

question 38

Multiple Choice

New trade theory points out that through its impact on economies of scale,trade can increase the variety of goods available to consumers and ______average costs of those goods.

• A)alleviate
• B)maintain
• C)decrease
• D)support

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Definitions:

Puppets

Articulated figures or models, manipulated by a puppeteer, used in performances to entertain or convey stories.

Tele-

A prefix meaning distant, used in forming words that signify communication over long distances, such as telephone or television.

Bad Work Ethic

Characterized by a lack of responsibility, dedication, and professionalism in one's approach to work tasks or environments.

Late

Occurring or coming after the expected, scheduled, or usual time; delayed.