We Benefit from Trade If We Are Able to Obtain

question 71

Multiple Choice

We benefit from trade if we are able to obtain a good from a foreign country:

• A)that has a very low domestic demand.
• B)the production of which requires a steady supply of unskilled labor.
• C)by giving up less of other goods than we would have to give up to obtain the good at home.
• D)by giving up more of other goods than we would have to give up to obtain the good at home.
• E)that has a substantial number of substitutes in the domestic market.

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Definitions:

Somatic Nervous System

Part of the peripheral nervous system associated with the voluntary control of body movements through the action of skeletal muscles.

Dissociative Amnesia

A disorder characterized by gaps in memory for personal history, sometimes due to traumatic events or extreme stress.

Traumatic Episode

An incident or period in life that causes severe psychological distress and may lead to PTSD or other stress-related disorders.

Dissociative Disorders

A group of disorders in which some parts of one’s memory or identity seem to be dissociated, or separated, from other parts of one’s memory or identity.