Examlex

Solved

This Table Shows How Much Wine and Cheese Can Each

question 129

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. 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.The comparative advantage in cheese is held by A) Spain. B) Portugal. C) both countries. D) neither country. E) Insufficient information to know. TABLE 32-5 Refer to Table 32-5.The comparative advantage in cheese is held by


Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, triggers a conditioned response.

Unconditioned Stimulus

A stimulus that instinctively and automatically provokes a reaction without needing any beforehand learning.

Insight Learning

A form of problem solving that occurs when a solution to a problem suddenly becomes apparent, often without trial-and-error behavior.

Law of Effect

A principle of learning that states behaviors followed by positive outcomes will be repeated, while those followed by negative outcomes will not.

Related Questions