In the wealth of nations, adam smith mentions that very good grapes could be grown in scotland. however, growing high quality grapes in scotland would be about 30 times as expensive as purchasing grapes from foreign countries. some nations are better than others at producing things due to the availability of natural resources and other factors.
with which statement regarding single resource and diversified economies would adam smith most likely agree?

Why are people more likely to marry individuals with social and cultural backgrounds very similar to their own? a. parents and other family members always exert pressure to marry within the group. b. people spend a great deal of time alone, and therefore can have few opportunities for meeting people. c. people develop irrational fears of out-group members and are scared to date them. d. people have greater access to individuals like themselves.

Acriterion for waiving informed consent is that, when appropriate, subjects are provided additional pertinent information after the study. in which of the following studies would it not be appropriate to provide subjects with information about missing elements of consent: a study in which researchers told students that they would be given a quiz after reading some study materials when the researchers did not intend to use a quiz, but were attempting to focus subjects’ attention on the material. a study in which subjects were told that they performed in the third quartile on an anagram task when in reality students were randomly assigned scores that were not related to their actual performance. a study in which subjects were assigned to study activities based on an undesirable or unflattering physical characteristic as assessed by members of the research team. a study involving decision-making games in which subjects were led to believe that they were interacting with another student in another room, but were actually interacting with a computer programmed to provide consistent responses to all subjects.

In the kingdom of saudi arabia the government controls every aspect of oil production which makes up the majority of the country's economy. while other businesses are owned by individuals, the biggest segment of saudi arabia's economy is oil production. saudi arabia's economy would best be described as a) entirely market. b) almost entirely command. c) a mixture between just market and traditional. d) a mixed economy with large amounts of command.