According to the Text,the Most Important Reason International Trade Has

question 240

True/False

According to the text,the most important reason international trade has grown so rapidly during the past 30 years is the reduction in the cost of transportation and communication.

---

Definitions:

Self-Serving Bias

The common tendency to attribute our successes to personal characteristics and our failures to external factors.

Total Egocentrism

A cognitive state where an individual is unable to differentiate between their own perspective and that of others, typically seen in early childhood development.

Types of Memory

The various forms in which the human brain can store information, typically classified as sensory, short-term (or working), and long-term memory.

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.