Textbook Examples of Trade Between Two Nations Are Simplified in Order

question 61

Multiple Choice

Textbook examples of trade between two nations are simplified in order to show how two nations both benefit from trade.These examples are misleading because

• A)in the real world,rich countries can take advantage of poor countries.
• B)they do not account for the reduction in wages that occurs in both countries as a result of trade.
• C)some individuals in both countries may be made worse off because of trade.
• D)trade restrictions are likely to be imposed as trade grows over time.

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Definitions:

Oculomotor Nerve

The third cranial nerve, responsible for controlling most of the eye's movements and the constriction of the pupil.

Cranial Nerve Function

The specific roles played by each of the twelve pairs of nerves that originate in the brain, affecting areas such as sight, taste, smell, and hearing.

Physician

A medical professional who is trained to diagnose and treat illnesses, diseases, injuries, and other health conditions, often holding a medical degree and licensure.

Vestibulocochlear Nerve

The eighth cranial nerve that carries auditory (hearing) and vestibular (balance) information from the inner ear to the brain.