While Comparative Advantage Is the Biggest Reason Many Nations Engage

question 155

Multiple Choice

While comparative advantage is the biggest reason many nations engage in trade,two other important reasons are

• A) economies of scale and increased competition.
• B) economies of scale and decreased competition.
• C) increased competition and increased production costs.
• D) increased production costs and access to smaller markets.
• E) decreased competition and access to smaller markets.

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Definitions:

Evolutionary Psychologists

Researchers who study the psychological adaptations of humans to the changing physical and social environments over time.

Sex Differences

The distinctions in characteristics, independence of gender roles, between males and females that are determined by genetic factors, hormones, and environmental influences.

Personal Attributes Questionnaire (PAQ)

A psychological assessment tool used to measure masculine and feminine personality traits in individuals.

Femininity

A set of attributes, behaviors, and roles traditionally associated with girls and women.