Suppose That a Worker in Country a Can Produce Either

question 33

Multiple Choice

Suppose that a worker in Country A can produce either 25 bananas or 5 tomatoes each year. Country A has 200 workers. Suppose a worker in Country B can produce either 18 bananas or 6 tomatoes each year. Country B has 400 workers. Country A specializes in bananas and Country B specializes in tomatoes. Regarding the terms of trade, Country B will accept no _____ than _____ for every _____.

• A) more; 3 bananas; one tomato
• B) less; 3 bananas; one tomato
• C) more; 1 tomato; 3 bananas
• D) less; 1 tomato; 3 bananas

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Definitions:

College Student Activism

The involvement of college and university students in campaigns and movements aimed at bringing about social, political, or environmental change.

Corporate Codes

Sets of principles and ethics that a company agrees to follow, often relating to social responsibility, environmental policies, and employee relations.

Adopting

The act or process of choosing or accepting something new, such as ideas, technologies, behaviors, or practices, and integrating them into use or practice.

International Investment Portfolios

Collections of international financial assets including stocks, bonds, and other securities, held by investors to diversify risks and achieve financial goals across global markets.