Which of the Following Is Not a Reason for International

question 40

Multiple Choice

Which of the following is not a reason for international specialization?

• A)Some countries have educated,trained workers,while other countries have unskilled workers.
• B)Tastes and preferences tend to be different in different countries.
• C)Economies of scale can allow larger,specialized producers to operate at lower average cost.
• D)People prefer having a choice of products.
• E)The world price of a good is determined by the world supply and demand for it.

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Definitions:

Perceptual Selection

The process by which individuals filter and select informational cues from the environment based on relevance and personal biases.

Perceptual Sets

Psychological mechanisms that influence how people perceive and interpret sensory information based on their expectations and prior experiences.

Internal Factor

An influence, element, or condition within an organization that affects its operations and outcomes.

Person Perception

The process of forming impressions and making judgments about other people's traits, intentions, and behaviors.