Table 3-26 Assume That Japan and Korea Can Switch Between Producing Cars

question 271

Multiple Choice

Table 3-26
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
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-Refer to Table 3-26. Japan and Korea would not be able to gain from trade if Korea's opportunity cost of one car changed to

• A)1/5 airplane.
• B)1/3 airplane.
• C)3 airplanes.
• D)5 airplanes.

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Definitions:

Instrumental Aggression

Aggressive behavior used as a means to achieve a goal or gain something of value, rather than for the sake of aggression itself.

Verbal Aggression

involves expressing negative feelings or thoughts through words to attack or abuse someone else.

Psychopathic

Pertaining to a personality disorder characterized by persistent antisocial behavior, impaired empathy, and bold, disinhibited, and egotistical traits.

Undercontrolled

Describes a lack of restraint or an inability to regulate one’s emotions, impulses, or behaviors effectively.