According to Ricardo,there May Be Cases When It Makes Sense

question 72

True/False

According to Ricardo,there may be cases when it makes sense for a country to buy goods from another country that it can make more efficiently itself.

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Definitions:

Functionalism

A perspective in sociology and anthropology that sees society as a complex system whose parts work together to promote stability and social order.

Prejudice

An unfavorable opinion or feeling formed beforehand or without knowledge, thought, or reason, often based on stereotypes.

Discrimination

Unjust or prejudicial treatment of individuals, often based on race, age, sex, or other characteristics.

White Privilege

The societal advantages that benefit people who are perceived as white, beyond what is commonly experienced by non-white people under the same social, political, or economic circumstances.