In the Following Classical-Type Table Showing the Output Per 10-Days

question 28

Multiple Choice

In the following Classical-type table showing the output per 10-days of labor input in each of the two commodities in each of the two countries,
$$\begin{array} { l l l } &\underline{ \text { Cameras }} &\underline{ \text { Wine }} \\\text { France } & 100 \text { units } & 40 \text { units } \\\text { Germany } & 150 \text { units } & 50 \text { units }\end{array}$$

• A) Germany has a comparative advantage in both goods.
• B) France has an absolute advantage in both goods.
• C) France has a comparative advantage in cameras.
• D) the pretrade price ratio in France is 1 wine = 2.5 cameras.

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Definitions:

Personal Factors

Individual characteristics and attributes, such as personality, attitudes, and skills, that influence behavior and performance.

Self-leadership

The practice of intentionally influencing one's thinking, feelings, and actions to achieve one's objectives, often emphasizing self-motivation and self-direction.

Situational Factors

External influences that can impact behavior and performance, including the social, environmental, or task-specific contexts individuals find themselves in.

Ethical Factors

Elements that determine the morality of decisions, actions, and their impact on others.