Suppose There Are Only 2 Nations a and B,and Only

question 54

Multiple Choice

Suppose there are only 2 nations A and B,and only two goods,x and y.If nation A produces only x,it can make 16x per day.If nation A produces only y,it can make 4y per day.If nation B produces only x,it can make 20x per day.If nation B produces only y,it can make 4y per day.After trade begins,nation ________ will specialize in the production of x and nation ________ will specialize in the production of y.

• A)A;A
• B)A;B
• C)B;B
• D)B;A

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Definitions:

Problem-Focused Coping

Coping strategies aimed at changing the source of the stress.

Controllable

Describes something that can be directed or governed according to one's wishes or needs.

Stress-Buffering Hypothesis

A theory suggesting that social support can shield individuals from the negative effects of high stress.

Cultural Differences

Variations in the practices, traditions, and behaviors of different societies and cultures.