In the Following Diagram

question 29

Multiple Choice

In the following diagram,

At factor prices (w/r) _I, good X is the __________, and, at factor prices (w/r) _II, good Y is The __________.

• A) labor-intensive good; labor-intensive good
• B) labor-intensive good; capital-intensive good
• C) capital-intensive good; labor-intensive good
• D) capital-intensive good; capital-intensive good

---

Definitions:

Ethnocentrism

Ethnocentrism is the belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice or discrimination against people of other groups.

Multiculturalism

A societal approach that recognizes, values, and promotes cultural diversity and the coexistence of different cultural traditions.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture over others, often leading to prejudice and discrimination.

Ethnocentrism

describes the act of judging another culture solely based on the values and standards of one's own culture.