[Solved] Consider the following statement related to writing a naked call option.For a given stock price,the ____________ the position is held,the more time value it loses and the ___________ the profit.Identify the correct words for these two blanks. A)longer,lower B)longer,higher C)shorter,lower D)shorter,higher E)longer,flatter Terms of Trade: null Import Quotas: Restrictions imposed by a government on the quantity of a good that can be imported into a country, often used to protect domestic industries. Comparative Advantage: The ability of an entity to produce goods or services at a lower opportunity cost than others, driving specialization and trade benefits. World Exporter: A term that describes a country, region, or entity that is a leading participant in international trade, specifically in exporting goods or services to other countries.