Which IPE Theory Contends That Specialization Gives a Country a Competitive

question 98

Multiple Choice

Which IPE theory contends that specialization gives a country a competitive advantage?

• A) economic internationalism
• B) economic nationalism
• C) economic structuralism
• D) economic functionalism

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Definitions:

Iconic Memory

Iconic memory is the visual sensory memory register pertaining to the visual domain and a fast-decaying store of visual information.

Echoic Memory

A component of sensory memory that specifically stores auditory information, allowing sounds and words to be recalled within a few seconds after the sound is heard.

Short-term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period.

Sensory Store Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses.