Classical Trade Theory Emphasized Which of the Following as an Underlying

question 34

Multiple Choice

Classical trade theory emphasized which of the following as an underlying explanation of the basis for trade?

• A) Productivities of labor inputs
• B) Tastes and preferences among nations
• C) Changes in technologies over time
• D) Quantities of economic resources

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Definitions:

Cruel and Unusual Punishment

Punishment that is considered unacceptable due to the suffering, pain, or humiliation it inflicts on the person subjected to it.

Deontological Theory

An ethical theory that suggests actions are morally right or wrong based on adherence to rules or duties, regardless of the outcomes.

Consequences

The outcomes or effects that result from a particular action or set of actions, often used in moral and ethical considerations to evaluate the rightness of actions.

Categorical Imperatives

Fundamental principles in Kantian ethics that dictate how one should act, regardless of personal desires or goals.