If a Country Has the Comparative Advantage in Producing Wooden

question 45

Multiple Choice

If a country has the comparative advantage in producing wooden furniture,then with free trade:

• A)the country will import wooden furniture.
• B)producer surplus in the market for wooden furniture will increase.
• C)consumer surplus in the market for wooden furniture will increase.
• D)the domestic quantity supplied will be less than the domestic quantity demanded.

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Definitions:

Delta Waves

Slow brain waves primarily associated with deep sleep and aid in healing and regeneration in the brain.

Electroencephalograph (EEG)

A device used to record the electrical activity of the brain by placing electrodes on the scalp, used in diagnosing conditions and studying brain functions.

Sleep Spindle

A burst of oscillatory brain activity visible on an EEG that occurs during stage 2 of sleep as a representation of the brain's inhibition of process stimulation.

Theta Waves

Brainwave patterns associated with stages 1-2 of sleep, meditation, and creativity, typically indicating a state of somnolence or the initial stages of sleep.