Which of the Following Was an Immediate Political Consequence of the Events

question 22

Multiple Choice

Which of the following was an immediate political consequence of the events of 1968?

• A) a new wave of left-leaning governments in Western Europe and the United States
• B) widespread resentment of Soviet power in Eastern Europe
• C) the political recovery of leading conservatives from the United States to Czechoslovakia
• D) a widespread diplomatic impetus for new talks between the superpowers, curbing the Cold War
• E) the birth of the environmental movement as the focus of student activists

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Definitions:

Comparative Advantage

The ability of a country or firm to produce a particular good or service more efficiently than other goods or services, relative to other countries or firms.

Opportunity Cost

The sacrifice of potential advantages from different alternatives when opting for a particular one.

Production Cost

The total cost incurred by a firm in producing a specific quantity of a good or service, including both fixed and variable costs.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than its trade partners, leading to potential gains from trade.