-According to Economic Historians, One Result of International Trade Is

question 164

Multiple Choice

-According to economic historians, one result of international trade is that it

• A) aids in the international transmission of ideas.
• B) reduces the world-wide output of goods.
• C) reduces the world-wide consumption of goods.
• D) causes persistent world-wide inflation.

---

Definitions:

Data Point

An observation.

Unique Contribution

A unique contribution refers to a specific, novel input or insight provided by a researcher or study, distinct from previous work in the field.

Standard Error

A statistical measure that quantifies the variability or spread of sample means around the population mean.

Variance

The square of the standard deviation and another measure of a distribution’s spread or dispersion.