Income Is an Example of a Variable That Uses the

question 49

Multiple Choice

Income is an example of a variable that uses the

• A)ratio scale
• B)interval scale
• C)nominal scale
• D)ordinal scale

Recognize the motives and outcomes of free trade agreements.

Distinguish between the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO).

Understand the economic and political arguments for and against the imposition of tariffs and quotas.

Recognize the largest regional trading blocs and their impact on international trade.

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Definitions:

Normal People

An imprecise term often used to describe individuals who conform to societal norms or average standards in behavior, appearance, or ability.

Social Psychologists

Scientists who study how people’s thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Obedience

A form of social influence where an individual follows the directives of an authority figure or the rules of society.

Norms

accepted standards or expectations that regulate behavior within a group or society.