Which of the Following Is True

question 140

Multiple Choice

Which of the following is true?

• A)​Voluntary trades give both parties more in value than what they give up.
• B)​Without the ability to trade, people would not tend to specialize as much in those areas where they had a comparative advantage.
• C)​People can gain by specializing in the production of the good in which they have a comparative advantage.
• D)​All of the above are true.

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Definitions:

Initiative Versus Guilt

A stage in Erik Erikson's theory of psychosocial development where children learn to assert power and control through directed play and other activities.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of humans, identifying eight stages that span from infancy to adulthood.

Test Themselves

Engaging in self-assessment to gauge one's knowledge, skills, or abilities, often as a method of learning or preparation.

Dependent

Relying on someone or something else for support, care, or supply.