The Textbook Authors Conclude That the Prebisch-Singer Hypothesis

question 31

Multiple Choice

The textbook authors conclude that the Prebisch-Singer hypothesis:

• A) is not true.
• B) is true.
• C) is valid in some instances but showed no consistent trend and cannot be considered a general rule.
• D) is valid only since 1995, when the World Trade Organization began its operations.

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Definitions:

Consumer Needs

The basic or identified wants and requirements that individuals seek to fulfill with products or services.

Boredom

A state of feeling disinterested, weary, or unenthused about an activity or situation, often due to a lack of stimulation or engagement.

Alienation

A condition in social relationships reflected by a low degree of integration or common values and a high degree of distance or isolation between individuals, or between an individual and a group.

Work Organization

The manner in which work is structured and managed within organizations to achieve efficiency and productivity.