Suppose That the Wage Rate in Country a Is Three

question 28

Multiple Choice

Suppose that the wage rate in country A is three times the wage rate in country B. In this situation, in the context of the Classical/Ricardo trade model, country A would be able to export goods to country B in industries where

• A) A's workers were less than one-third as productive as B's workers.
• B) A's workers were equally as productive as B's workers.
• C) A's workers were less than three times as productive as B's workers.
• D) B's workers were less than one-third as productive as A's workers.

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Definitions:

Guanine

One of the four main nucleobases found in the nucleic acids DNA and RNA, pairing with cytosine in DNA and contributing to the genetic code.

Adenine

One of the four nucleobase molecules used to form the building blocks of DNA and RNA, pairing with thymine in DNA and uracil in RNA.

Polygenic Traits

Traits that are influenced by more than one gene, resulting in a wide range of phenotypes, such as height and skin color.

Genes

The units of heredity made up of DNA that carry information responsible for the expression of traits from parents to offspring.