Comparative Advantage in the 21st Century Is Based More on Services

question 12

True/False

Comparative advantage in the 21st century is based more on services and their cross border facilitation by telecommunications and the Internet.

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Definitions:

Social Constructionists

Theorists who argue that realities are constructed through social processes and interactions, emphasizing the ways in which social phenomena are created, institutionalized, and made into tradition.

Gender Differences

Pertains to the distinctions in characteristics, behaviors, or attitudes observed between males and females, often influenced by social, cultural, and biological factors.

Endocrine Glands

Glands of the endocrine system that secrete hormones directly into the bloodstream to regulate various bodily functions.

Hormones

Chemical substances released into the bloodstream by the endocrine glands.