Suppose That a Worker in Cornland Can Grow Either 40

question 48

Multiple Choice

Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year,and a worker in Oatland can grow either 20 bushels of corn or 5 bushels of oats per year.There are 20 workers in Cornland and 20 workers in Oatland.Which of the following statements is true?

• A)Both countries could gain from trade with each other.
• B)Neither country could gain from trade with each other because Cornland has an absolute advantage in both goods.
• C)Neither country could gain from trade with each other because neither one has a comparative advantage.
• D)Oatland could gain from trade between the two countries,but Cornland definitively would lose.

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Definitions:

Jointed Appendages

Body parts that are segmented or divided into joints, enabling movement, characteristic of arthropods.

Soft Exoskeleton

A flexible external covering or support structure found in some organisms, providing protection and structural support while allowing movement.

Earthworm

A type of invertebrate animal known for its role in aerating soil and breaking down organic material into fertile humus.

Clitellum

A thickened, glandular section of the body found in earthworms and some other annelids, crucial for reproduction.