Which of the Following Objectives Is NOT a Basis for International

question 158

Multiple Choice

Which of the following objectives is NOT a basis for international trade?

• A)To gain from economies of scale.
• B)To obtain goods that would be unavailable otherwise.
• C)To obtain goods at lower prices than would be possible if they were produced domestically.
• D)To increase Treasury reserves of gold bullion.
• E)To increase output from specialization.

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Definitions:

Dual Federalism

A concept of federalism where federal and state governments are seen as co-equal sovereigns, operating independently and with powers that are clearly delineated.

Layer Cake

Often used as a metaphor to describe a clear, well-defined separation of powers or responsibilities, especially in federal systems.

Marble Cake

Metaphorically used in federalism to describe a government system where state, local, and federal powers are intertwined and not clearly distinguished.

Devil's Food Cake

A moist, airy, rich chocolate cake that is one of the most popular American cake varieties.