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6. The technique effect of trade can lead to improved environmental quality because A. it reinforces the composition effect of trade B. it leads to more competition among firms C. it causes an increase in the demand for environmental quality D. it can offset the scale effect of trade

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Related questions

13. Suppose that as a consequence of trade liberalization, production in a country doubles but pollution rises by less than double. Then we know that A. the technique effect has more than fully offset the scale effect B. there has been some technique effect but the scale effect is larger C. the composition effect for that country is positive D. None of the above

Which of the following trade-offs does the production possibilities frontier illustrate?

a. If an economy wants to increase efficiency in production, then it must sacrifice equality in consumption.

b. Once an economy has reached the efficient points on its production possibilities frontier, the only way of getting more of one good is to get less of the other.

c. For an economy to consume more of one good, it must stop consuming the other good entirely.

d. For an economy to produce and consume goods, it must sacrifice environmental quality.

Trade can make everybody better off because it

a. requires some workers in an economy to be retrained.Ā 

b. reduces competition among domestic companies.Ā 

c. increases cooperation among nations.

d. allows people to specialize according to comparative advantage.

Ā 

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