The Following Table Indicates the Production Possibilities of Food and Clothing

question 66

Multiple Choice

The following table indicates the production possibilities of food and clothing per worker day in the United States and Japan. Which of the following is true?

• A)No gains from trade are possible.
• B)Joint output would be maximized if the United States specialized in producing clothing and Japan in producing food.
• C)Mutual gains from trade could be realized if the United States specialized in food production and Japan in clothing production.
• D)The Japanese are the high-cost producers of both food and clothing.

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Definitions:

Amenorrhea

The absence of menstruation in a woman of reproductive age, which can be a sign of health issues.

Calorie Restriction

A dietary regimen that reduces calorie intake without incurring malnutrition or a reduction in essential nutrients, often used for improving health and slowing down the aging process.

Anorexia Nervosa

An eating disorder characterized by an obsessive fear of gaining weight, leading to severe restriction of food intake and often to significant weight loss.

Binge-Eating Disorder

Eating disorder in which people compulsively overeat either continuously or on discrete binges but do not behave in ways to compensate for the overeating.