Wages Are Higher in Country X Than in Country Y

question 17

Multiple Choice

Wages are higher in Country X than in Country Y.If the countries decide to trade,then who will benefit?

• A) Neither country can benefit unless one knows the product that is traded.
• B) Both countries can benefit regardless of the products traded.
• C) Only the country that can produce the product more efficiently will benefit.
• D) Only the country that can produce the product at a lower opportunity cost will benefit.
• E) Both countries will benefit,but only if a trade agreement for specific products is made by their respective governments.

---

Definitions:

Involuntary Hospitalization

The act of admitting an individual to a healthcare facility without their consent, usually for their own safety or the safety of others.

Schizophrenic Disorder

A severe mental disorder characterized by delusions, hallucinations, disorganized speech, and impaired functional ability.

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.

M'Naghten Standard

A legal principle defining insanity, which excuses a person from legal responsibility if at the time of the crime, they were unable to understand the wrongfulness of their actions.