Use the Following to Answer Question

question 230

Multiple Choice

Use the following to answer question:
-(Scenario: The Production of Wheat and Toys) Use Scenario: Production of Wheat and Toys.If each country specializes in the good for which it has the comparative advantage:

• A)country A will produce wheat and country B will produce toys.
• B)country A will produce both wheat and toys.
• C)country A will produce toys and country B will produce wheat.
• D)country B will produce both wheat and toys.

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Definitions:

Taft-Hartley Act

A 1947 federal law in the United States that acts as an amendment to the National Labor Relations Act, placing restrictions on labor unions, including prohibiting certain union practices and expanding the rights of employers.

National Boycott

A collective action by a group of people or organizations refusing to use, buy, or deal with products or services as a form of protest, typically on a national scale.

Union Demands

The requirements or conditions put forth by a labor union during negotiations with employers, regarding wages, benefits, working conditions, and other employment terms.

Wagner Act

Also known as the National Labor Relations Act of 1935, it established the legal right for workers to form unions, engage in collective bargaining, and take collective action in the United States.