If an Economy Takes Advantage of the Comparative Advantage of Some

question 15

Multiple Choice

If an economy takes advantage of the comparative advantage of some resources over others,the slope of its production possibilities curve is likely to be

• A) negative and constant.
• B) positive and constant.
• C) negative,but not constant.
• D) positive,but not constant.
• E) zero.

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Definitions:

Labor's Great Upheaval

A period of intense and widespread labor activity and strikes, often marking a significant moment of conflict between workers and employers.

Textile Strike

A work stoppage initiated by employees in the textile industry as a form of protest against working conditions, wages, or other employment issues.

Auto Workers

Employees in the automotive industry, including those involved in the manufacturing, assembling, and selling of motor vehicles.

Huey Long

A populist political leader from Louisiana, who served as the state's governor and a U.S. Senator in the early 20th century, known for his Share Our Wealth program.