Suppose It Takes a Chinese Worker 2 Hours to Produce

question 7

True/False

Suppose it takes a Chinese worker 2 hours to produce a ceramic pot, and 20 hours to produce a tablecloth. Suppose that it takes a Canadian worker 2 hours to produce a ceramic pot and 10 hours to produce a tablecloth. It will benefit China to produce extra pots and export them to Canada in return for imported Canadian tablecloths.

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Definitions:

Divided

describes something that is separated into parts or pieces, often referring to opinions, loyalties, or physical entities.

1950s

A decade significant for its post-World War II recovery, marked by economic prosperity, the rise of suburban living, and cultural shifts in many parts of the world.

1960s

A decade marked by significant social, political, and cultural changes, including the civil rights movement, counterculture, and technological advancements.

Hypothesis

A proposed explanation for a phenomenon, set forth as a starting point for further investigation.