For realists, the problem of relative gains refers to the situation in which
a. even if both sides gain, the side that gains more may increase its power over the side that gains less.
b. both sides may gain, which would lead to a mutual increase in state power.
c. both sides are negatively affected by trade and in a position to lose power.
d. the efficiency of trade benefits becomes more important than the distribution of benefits.
a
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How was economic activity changed by the Industrial Revolution?
a. Foreign trade became increasingly rare. b. Production shifted from handmade to manufactured goods. c. Consumers began to demand handmade, artisan goods. d. Major corporations began shifting production to low-wage countries.
Which of the following is true regarding entitlement spending?
a. They are designed to increase the money supply to improve economic growth. b. They create a serious ongoing financial burden on the federal government. c. They reduce the overall cost of compliance for major industrial sectors. d. They reduce the overall cost of doing business overseas.