The Data Given Is for Two Hypothetical Nations, Wat and Xat.The

question 161

Multiple Choice

The data given is for two hypothetical nations, Wat and Xat.The nations have the Production Possibilities Curves (PPC) for units of rice and corn as given below. Refer to the above data, in country Wat, the comparative cost of 1 unit of:

• A)rice is 3 units of corn.
• B)rice is ¹/₃ unit of corn and should not specialize in production of it if the two nations decide to trade with each other.
• C)corn is 5 units of rice.
• D)corn is ¹/₅ unit of rice.

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Definitions:

U.N. Forces

Military and peacekeeping troops contributed by member countries of the United Nations, used in various conflict zones to enforce peace agreements and provide stability.

Spy Plane

An aircraft used for espionage, designed to gather intelligence through aerial reconnaissance, often equipped with advanced surveillance technologies.

Eisenhower

Dwight D. Eisenhower, the 34th President of the United States from 1953 to 1961, known for his leadership during World War II as Supreme Commander of Allied Forces in Europe.

Khrushchev

Nikita Khrushchev was a Soviet statesman who led the Soviet Union during part of the Cold War as the First Secretary of the Communist Party and as Premier.