Trade Diversion Results in

question 249

Multiple Choice

Trade diversion results in

• A) an increase in the total amount of trade in the world.
• B) a decrease in the total amount of trade in the world.
• C) no change in the total amount of trade in the world.
• D) either an increase or decrease in the amount of trade in the world, depending on where trade takes place.

---

Definitions:

Social Structural Conditions

The societal and institutional norms, policies, and structures that shape individuals' roles, behaviors, and interactions within a community.

Ethnic Groups

Communities or populations sharing a common culture, ancestry, and language, often forming a sub-group within a larger society.

Economic Success

The achievement of financial prosperity, often measured by income, wealth, or the ability to afford a comfortable lifestyle.

Social Structural Differences

Refers to the distinct and often unequal arrangements within a society that shape individuals’ access to resources, opportunities, and social positions based on various attributes like class, race, and gender.