In What Way Does the Specific-Factors Model Add to the Conclusions

question 75

Multiple Choice

In what way does the specific-factors model add to the conclusions of the Ricardian model?

• A) In the Ricardian model, only labor is better off with free trade. In the specific-factors model, all resources (labor, land, and capital) are better off with free trade.
• B) In the Ricardian model, a country is better off with free trade. In the specific-factors model, some of a country's resources will be worse off with free trade.
• C) In the Ricardian model, some of a country's resources will be worse off with free trade. In the specific-factors model, some of a country's resources will be better off with free trade.
• D) In the Ricardian model, labor will be worse off with free trade. In the specific-factors model, labor will be better off with free trade.

Analyze the effects of industrialization on gender wage gaps.

Understand the concept of social control within gemeinschaft societies.

Describe the characteristics and implications of living in postindustrial societies.

Differentiate between achieved and ascribed statuses, with examples.

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Definitions:

Absolute Threshold

The minimum quantity of physical energy required for an observer to detect a stimulus 50% of the time.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant or unchanging stimuli over time.

High-volume Car Stereo

A car audio system capable of producing very loud sounds, often customized or enhanced beyond factory settings.

Loudly

With a high volume or intensity of sound that easily attracts attention or may cause disruption.