Suppose That the Country of Xenophobia Chose to Isolate Itself

question 55

Multiple Choice

Suppose that the country of Xenophobia chose to isolate itself from the rest of the world.Its ruler proclaimed that Xenophobia should become self-sufficient,so it would not engage in foreign trade.From an economic perspective,this idea would

• A)make sense if Xenophobia had an absolute advantage in all goods.
• B)make sense if Xenophobia had no absolute advantages in any good.
• C)not make sense as long as Xenophobia had a comparative advantage in some good.
• D)not make sense as long as Xenophobia had an absolute advantage in at least half the goods that could be traded.

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Definitions:

Agreeableness

A personality trait characterized by compassion and cooperativeness towards others.

Behavioural Plasticity

The capacity of an organism to modify its behavior based on experience or environmental changes.

Personality Characteristic

Innate or acquired traits that define an individual's behavior, thinking patterns, and emotional reactions, contributing to their unique personal identity.

Workplace Deviance

Behaviors exhibited by employees that violate organizational norms, policies, or ethical standards.