Allowing Free Trade Can Lead to Greater Output Because Of

question 96

Multiple Choice

Allowing free trade can lead to greater output because of:

• A)the principle of absolute advantage.
• B)the Rule of 70
• C)the principle of comparative advantage
• D)diseconomies of scale.
• E)the rule of law

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Definitions:

Pace of Life

The speed at which life activities are conducted, which can vary significantly between different cultures or societies.

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful by others.

Dating Frequency

A measurement of how often individuals go on dates or participate in dating activities.

Correlation

A statistical measure that describes the extent to which two variables change together, but not necessarily cause and effect.