Differences in Tastes Among Nations

question 52

Multiple Choice

Differences in tastes among nations

• A)make gains from trade possible even in the absence of differences in resource endowments
• B)make gains from trade possible only when there are differences in resource endowments
• C)negate any potential gains from trade
• D)are caused by differences in resource endowments
• E)occur only among countries whose people are of different religions

Describe the changes in work hours and productivity in different countries over time.

Identify the factors contributing to the stable to declining quality of the U.S. labor force.

Analyze the role of savings and foreign investment in financing U.S. economic activities.

Assess the impact of military spending on economic growth.

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Definitions:

Kurt Lewin

A pioneer in social, organizational, and applied psychology in the early 20th century, known for his leadership styles and the change management model.

Gatekeeper

A person who controls access to the media and decides if a story or news item will be published, posted, or put on the air at a TV or radio station, for example, an editor, producer, or reporter.

Opinion Leader

An individual who has the ability to influence the opinions, beliefs, or behaviors of others due to their authority, knowledge, position, or relationship.

Pew Research Center

A nonpartisan fact tank that conducts public opinion polling, demographic research, and content analysis to inform the public about issues, attitudes, and trends shaping the world.