The Data Embodied in the Below Diagrams Suggest That

question 11

Multiple Choice

The data embodied in the below diagrams suggest that:

• A)Italy should export X and Greece should export Y.
• B)Greece should export X and Italy should export Y.
• C)production in both countries is subject to increasing costs.
• D)Italy should import both X and Y from Greece.

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Definitions:

Yogi Berra

An American professional baseball catcher, who was known for his humorous and paradoxical quotes.

Freedom Loving

A value or trait characterized by a strong desire for autonomy and self-determination in one's actions and choices.

Underestimating Opponent

The act of making a judgment that your adversary or competitor is less capable or determined than they actually are.

Backfire

A situation where an attempt to achieve a result leads to the opposite effect, often worsening the situation.