Use the Following to Answer Question

question 73

Multiple Choice

Use the following to answer question:
-(Table: Production Possibilities for the United States and Canada) Use Table: Production Possibilities for the United States and Canada.Both nations can produce cars and lumber.If these nations trade,Canada has the comparative advantage in _____ and should trade _____ to the United States in exchange for _____.

• A)cars;cars;lumber.
• B)lumber;lumber;cars
• C)lumber;cars;lumber
• D)cars;lumber;cars

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Definitions:

Cultural Values

The shared beliefs, practices, norms, and symbols that define a group or society, influencing behaviors and attitudes.

Long-Term Goals

Objectives or aims that are intended to be achieved over an extended period, typically beyond one year.

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Internal Environment

Internal factors within an organization, including employees, company culture, and internal processes.