An Assumption an Economist Might Make While Studying International Trade

question 188

Multiple Choice

An assumption an economist might make while studying international trade is

• A)there are only two countries.
• B)countries only produce two goods.
• C)technology does not change.
• D)All of the above are possible assumptions.

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Definitions:

Single Corporation

An individual corporate entity, usually distinguished from a conglomerate or holding company owning multiple subsidiaries.

Autonomous

Having the ability to operate independently or self-govern without external control or influence, often used in reference to machines, systems, or organizations.

Homeless Shelter

A place providing temporary accommodation for people who do not have a permanent home.

Warming Shelters

Temporary shelters provided to homeless or marginalized individuals during the cold weather months to protect them from the harsh conditions.