A Country Will Not Trade Unless

question 61

Multiple Choice

A country will not trade unless

• A)It has an absolute advantage.
• B)The terms of trade are superior to domestic opportunities.
• C)Its balance of trade is in a surplus position.
• D)The production possibilities increase.

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Definitions:

Supervisory Style

The approach or method adopted by a supervisor in guiding, directing, and managing subordinates.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Journaling Method

A technique for personal reflection and record-keeping that involves regular writing of experiences, thoughts, and feelings.

Reflection Journal

A personal record in which individuals write down their experiences and reflect upon them to gain insights.