Assuming Increasing Cost Conditions,trade Between Two Countries Would Not Be

question 23

Multiple Choice

Assuming increasing cost conditions,trade between two countries would not be likely if they have:

• A)identical demand conditions but different supply conditions
• B)different demand conditions but identical supply conditions
• C)different demand conditions and different supply conditions
• D)identical demand conditions and identical supply conditions

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Definitions:

High-assertion Culture

A workplace culture that encourages assertiveness, straightforward communication, and standing firm on one's decision or opinion.

Collectivism

A social and economic ideology that emphasizes the priority of group goals over individual goals and the importance of cohesion within social groups.

High-context Cultures

Cultures where communication is highly reliant on contextual cues such as body language, status, and tone of voice, rather than explicit words.

Cultural Differences

Variations in the customs, values, norms, and social practices among people from different backgrounds or societies.