Which of the Following Statements Is TRUE

question 41

Multiple Choice

Which of the following statements is TRUE?

• A) Trade makes workers in high productivity countries less productive.
• B) Trade causes workers in low-wage countries to receive an even lower wage.
• C) Specialization and trade raise wages in both countries that are party to the trade.
• D) Specialization and trade raise productivity but not wages.

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Definitions:

Diverse Cultures

Refers to the inclusion and interaction of a variety of cultural backgrounds, traditions, and perspectives within a group or society.

Transferable

Qualities, skills, or knowledge that can be applied in different roles or contexts effectively.

Productivity

The efficiency at which individuals, businesses, or systems can produce goods or complete tasks relative to the input used.

Team

A coordinated group of people organized to work together to achieve a specific, common goal.