In Order to Obtain an Efficient Allocation of Resources Worldwide

question 192

Multiple Choice

In order to obtain an efficient allocation of resources worldwide

• A) countries that have a lot of resources should ship resources to countries that do not have a lot of resources.
• B) countries that have a lot of resources should not trade since poorer countries cannot compete.
• C) each country should produce the good they have a comparative advantage in and then trade.
• D) no trade among countries should occur.

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Definitions:

Sociologists Theorizing

The process through which sociologists develop abstract interpretations and models to understand social realities, behaviors, and patterns.

Labelling Theory

A sociological theory that suggests the labels people are given affect both how they see themselves and how others see them, which can influence their behavior.

Outsiders: Studies

An examination of individuals or groups that are perceived as different from or not integrated into the mainstream of society.

Sociology Of Deviance

The study of behaviors, conditions, and norms viewed as deviant by society’s standards, focusing on its causes, effects, and social responses.