The growth of small-scale production technology will most likely enable small countries to produce products efficiently for their own consumption.

The growth of small-scale production technology will most likely enable small countries to produce products efficiently for their own consumption.

Answer: TRUE

The finite nature of natural resources should work as a disadvantage for the export prices of developing countries.

The finite nature of natural resources should work as a disadvantage for the export prices of developing countries.

Answer: FALSE

The combination of free trade and free movement of production factors offers maximum production efficiency.

The combination of free trade and free movement of production factors offers maximum production efficiency.

Answer: TRUE

The term brain drain describes the export of high-technology products in exchange for low-technology products.

The term brain drain describes the export of high-technology products in exchange for low-technology products.

Answer: FALSE

The foreign-born population as a percentage of total population is substantial for some countries and insignificant for others.

The foreign-born population as a percentage of total population is substantial for some countries and insignificant for others.

Answer: TRUE

The international mobility of labor includes workers, students, tourists, and retirees who travel to another country.

The international mobility of labor includes workers, students, tourists, and retirees who travel to another country.

Answer: FALSE