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Racial/ethnic Socialization Practices Have Been Linked to a Number of Positive

question 38

Essay

Racial/ethnic socialization practices have been linked to a number of positive outcomes in
minority children and adolescents. The text lists four specific positive outcomes. Please list and explain each one.


Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories.

Autarky

Autarky is an economic policy or situation in which a nation is self-sufficient and does not engage in international trade or relies minimally on external resources.

Producer Surplus

the difference between what producers are willing to accept for a good versus what they actually receive.

World Price

The global market price of a good or service, influenced by international supply and demand.

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