This Table Shows How Much Wine and Cheese Can Each

question 104

Multiple Choice

This table shows how much wine and cheese can each be produced in Spain and Portugal with one unit of equivalent resources.Initially there is no trade.Once trade opens up,transportation costs are assumed to be zero. TABLE 32-5 Refer to Table 32-5.Once Spain and Portugal begin to trade cheese and wine,

• A)some resources will be permanently unemployed in Portugal.
• B)it will be beneficial for Portugal to ban the import of cheese.
• C)it will be beneficial for Spain to ban the import of wine.
• D)the opportunity cost of the goods they now import will be less than when there was no trade,but for Portugal only.
• E)the opportunity cost of the goods they now import will be less than when there was no trade,for both countries.

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Definitions:

Identification

The psychological process by which an individual aligns themselves with the attitudes, beliefs, or behaviors of another person or group.

Precausal Reasoning

Precausal reasoning refers to a stage in child development where logic is not yet fully developed, leading to reasoning based on intuition or superficial connections rather than causal relationships.

Personality Problem

Issues or disorders that arise from enduring patterns of behavior and inner experiences that deviate significantly from cultural expectations.

Oral And Anal Stages

Stages in Freud's psychosexual development theory; the oral stage focuses on pleasure from oral activities, and the anal stage is centered around toilet training and control issues.