If Argentina Exports Oranges to the Rest of the World

question 176

True/False

If Argentina exports oranges to the rest of the world, Argentina's producers of oranges are worse off, and Argentina's consumers of oranges are better off, as a result of trade.

---

Definitions:

Roommate

A person with whom one shares a living facility such as a room or apartment but does not necessarily share a familial or romantic relationship.

Defense Mechanism

Psychological strategies deployed unconsciously to protect an individual from anxiety arising from unacceptable thoughts or feelings.

Rationalization

The cognitive process of justifying behaviors or decisions with plausible, but not necessarily true, reasons.

Computer Software

Programs and operating information used by a computer to perform tasks, ranging from operating systems to application programs.