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

---

Definitions:

Resides

Refers to where something or someone is located or lives.

Individual

A single human being as distinct from a group, class, or family.

Lack of Autonomy

Describes a situation in which individuals have little to no control or independence in their work or decision-making processes.

Participation

The act of taking part in an activity or event, often implying active involvement or engagement.