One of the Themes in New Trade Theory Is That

question 34

Multiple Choice

One of the themes in new trade theory is that the pattern of trade we observe in the world economy may be the result of _____ and _____.

• A)competitive advantage;technological advancement
• B)heterogeneous world market;globalization
• C)economies of scale;first-mover advantages
• D)liberal immigration policies;better standards of living

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Definitions:

Peer Relationships

Interactions and bonds formed between individuals of similar age or developmental level, which are critical for social development.

Sandwich Generation

A term describing the group of adults who simultaneous care for their aging parents and their own children.

Braxton Hicks Contraction

Irregular, painless contractions that occur during pregnancy as the uterus prepares for labor; often called “false labor.”

Urinary Frequency

The need to urinate more often than usual, which may be a symptom of various underlying conditions or the result of increased fluid intake.