Which of the following situations would lead to more starvation?
A) a world where everyone grows his or her own food and there is no trade
B) a world with trade and lots of specialization
C) a world with immense division of knowledge
D) a world where only some people specialize in food and everyone else produces something else
Correct Answer:
Verified
Q12: Mark values his drum set at $800
Q13: Only a very small portion of people
Q14: If instead of specialized doctors (neurologists, cardiologists,
Q15: Roses grown in Kenya travel to Amsterdam
Q16: Division of knowledge refers to:
A) dividing tasks
Q18: Trade creates value because:
A) people get what
Q19: Facilitators of trade (such as Pierre Omidyar,
Q20: Trade makes people better off when:
A) everyone
Q21: The ability of one producer to produce
Q22: Which of the following is typically a
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