Table 3-3 -Refer to Table 3-3

question 40

Multiple Choice

Table 3-3
$\begin{array}{|l|c|c|c|c|}\hline&\text { Hours needed to make one unit of: }&&\text { Amount produced in } 2400 \text { hours: }\\\hline & \text { Cars } & \text { Aeroplanes } & \text { Cars } & \text { Aeroplanes } \\\hline \text { US } & 40 & 160 & 60 & 15 \\\hline \text { Europe } & 50 & 150 & 48 & 16 \\\hline\end{array}$
-Refer to Table 3-3.If Europe and the US trade according to the principle of comparative advantage:

• A)all individuals in both countries will gain
• B)car producers in Europe and aeroplane producers in the US will gain
• C)some individuals within each society will be made worse off
• D)one country will be better off and the other country will be worse off

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Definitions:

Outside Salesman

A salesperson who performs their job outside of the employer's premises, typically engaging in face-to-face meetings with clients or potential buyers.

General Manager

An executive who has broad, overall responsibility for a business or a unit within a business, typically handling day-to-day operations and reporting to the highest level of corporate leadership.

Primary Interviewer

The main person responsible for conducting an interview, typically leading the questioning and evaluation of candidates.

Reference Checking

The process of contacting previous employers, colleagues, or professional contacts of a job candidate to verify their qualifications, experience, and suitability for a new role.