Based on the Comparative Cost Ratios Implied in Figure 35

question 148

Multiple Choice

Based on the comparative cost ratios implied in Figure 35.2, it is clear that

• A) The United States has a comparative advantage in baseballs and Mexico has a comparative advantage in golf shoes.
• B) Mexico should import all of its golf shoes from the United States.
• C) The United States should import all of its baseballs from Mexico.
• D) The United States should specialize in producing golf shoes, and Mexico should specialize in producing baseballs.

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Definitions:

Mental Disorder

A health condition characterized by significant changes in thinking, emotion, or behavior, associated with distress and/or impaired functioning.

Generalized Anxiety Disorder

A mental health condition characterized by excessive, persistent worry and anxiety about various aspects of daily life.

Nonspecific Phobia Disorder

A general term that might refer to an anxiety disorder characterized by an excessive and irrational fear of objects or situations that does not fall into the category of the well-defined specific phobias.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) that produce uneasiness and repetitive behaviors (compulsions) aimed at reducing these feelings.