Which of the Following Explains Why World Output Is Greater

question 97

Multiple Choice

Which of the following explains why world output is greater as a result of trade?

• A) Specialization in production.
• B) Reduced terms of trade.
• C) Imported technologies.
• D) Protection of infant industries.

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Definitions:

Context-dependent Memory

The phenomenon where people are able to recall information better if they are in the same context or environment as they were when they learned the information.

Retrieval Cues

Stimuli that assist in the recall of information stored in long-term memory by providing a reminder or prompt.

Long-term Potentiation

Long-term potentiation is a long-lasting enhancement in signal transmission between neurons, believed to be a biological mechanism underlying learning and memory.

Implicit Memories

Memories that influence thoughts and behaviors without conscious awareness, such as skills and conditioned responses.