Most Trading Nations Do Not Completely Specialize

question 124

Multiple Choice

Most trading nations do not completely specialize. Incomplete specialization is mainly due to:

• A) decreasing opportunity costs.
• B) increasing opportunity costs.
• C) constant opportunity costs.
• D) perfectly substitutable resources.

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Definitions:

Joyriding

The act of driving a vehicle without the owner's permission, typically done for thrill or enjoyment, rather than for the purpose of committing a theft.

Commit Another Crime

The action of engaging in illegal activities or offenses after previously offending.

Auto Thieves Arrested

The apprehension by law enforcement of individuals accused of stealing automobiles, typically leading to legal prosecution.

Organized Crime

Unlawful acts methodically organized and executed by dominant groups on a grand scale.