Patterns of Interregional Trade Are Primarily Determined by ________ Rather

question 35

Multiple Choice

Patterns of interregional trade are primarily determined by ________ rather than ________ because factors of production are generally ________.

• A) external economies; natural resources; mobile
• B) internal economies; external economies; mobile
• C) external economies; population; immobile
• D) internal economies; population; immobile
• E) population; external economies; immobile

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Definitions:

Benchmarking Method

A process of comparing business processes and performance metrics to industry bests or best practices from other companies.

Comparable Worth Laws

Legislation designed to ensure that jobs of equal value to the employer are compensated equally, irrespective of gender or other irrelevant factors.

Male-Female Wage Gap

The persistent disparity in average earnings between men and women, often measured within the same roles, industries, or across the labor market as a whole.

Subjective Judgments

Assessments or decisions made based on personal feelings, tastes, or opinions rather than external facts or evidence.