Table 351 Based on the Information in Table 35

question 64

Multiple Choice

Table 35.1 $$\begin{array} { | l | c | c | } \hline { \text { Country } } & \text { Tons of Soybeans } & \text { Computer } \\\hline \text { China } & 100 & 300 \\\hline \text { United States } & 150 & 750 \\\hline\end{array}$$ Based on the information in Table 35.1,assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods.For trade to be mutually beneficial for both countries,the terms of trade will be such that 1 ton of soybeans will exchange for

• A)More than 3 computers but less than 5.
• B)More than 1/5 of a computer but less than 1/3.
• C)Less than 3 computers.
• D)Zero computers.

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Definitions:

Beliefs

Deeply held convictions or acceptances that something is true or exists, often based on cultural, intellectual, or personal understanding and faith.

Attitude Object

A specific entity toward which an individual's attitudes are directed, such as a person, product, issue, or concept.

Beliefs

Deeply held convictions or acceptances that certain things are true or real, often forming the basis of individual or collective actions and attitudes.

Perceptions

The process of interpreting, processing, and organizing sensory information to understand the environment or situation.