If Country a Has Wages That Are Substantially Less Than

question 47

Multiple Choice

If country A has wages that are substantially less than those in country B,

• A)country B will benefit by placing tariffs on imports from country A.
• B)country A will not have to subsidize its export industries.
• C)country A will have an absolute advantage over country B.
• D)the pattern of comparative advantage will depend also on the relative productivities of labour in the two countries.
• E)country B will import from A but will not be able to export to country A.

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Definitions:

Affiliation Needs

Refer to an individual's need to build and maintain relationships or be part of groups.

Motivational Patterns

Motivational patterns refer to the systematic ways in which motivations influence behaviors and decisions, indicating underlying psychological factors driving individuals.

Employee Motivational

Techniques and strategies used to inspire employees to perform well and achieve their goals.

Motivating Employees

The process of inspiring staff to perform at their best through various incentives and workplace practices.