When Nations Specialize According to Their Comparative Advantage

question 100

Multiple Choice

When nations specialize according to their comparative advantage

• A) Total production and consumption in the world increase.
• B) Consumption rises in one country but must fall in all others.
• C) Total world production rises but total consumption in the world declines.
• D) none of the above

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Definitions:

Anterograde Amnesiacs

Individuals unable to form new memories following the onset of amnesia, though memories from before the amnesia often remain intact.

Motor Skills

Abilities involving the movement and coordination of muscles to perform activities ranging from simple to complex movements.

Implicit Memory

A type of memory in which previous experiences aid the performance of a task without conscious awareness of these previous experiences.

Classical Conditioning

A training method in which two stimuli are consistently associated with each other; over time, a reaction initially caused by the second stimulus is triggered by the first stimulus alone.