Suppose an American Worker Can Make 50 Pairs of Gloves

question 100

Multiple Choice

Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day. On the other hand, a Bangladeshi worker can produce 100 pairs of gloves or grow 200 radishes per day. Which of the following statements is true?

• A) The U.S. has a comparative advantage at producing both gloves and radishes.
• B) The U.S. does not have a comparative advantage at producing either gloves or radishes.
• C) The U.S. has a comparative advantage at producing gloves only.
• D) The U.S. has a comparative advantage at producing radishes only.

Understand the effectiveness and appropriateness of narrative techniques in business communication.

Comprehend strategies for framing messages when dealing with skeptical or resistant audiences.

Describe the importance and effectiveness of storytelling in business communications.

Recognize the benefits of presenting information in a well-organized manner in business communications.

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Definitions:

Euro

The official currency used by 19 of the 27 European Union countries, also known by the acronym EUR.

Member Nations

Countries that are part of an international organization or agreement, and thus abide by its rules and contribute to its goals, such as the United Nations or European Union.

Volkswagen Beetle

A distinctive small car manufactured by Volkswagen, known for its iconic design and significant impact on automobile history.

Euros

The official currency of 19 out of the 27 European Union countries, which forms the eurozone.