If Colombia Has a Comparative Advantage Over Mexico in the Production

question 90

Multiple Choice

If Colombia has a comparative advantage over Mexico in the production of coffee, then:

• A)Colombia likely sells coffee to Mexico.
• B)Mexico is more productive at making coffee than Colombia.
• C)Colombia has the ability to produce more coffee than Mexico with the same resources.
• D)Mexico should trade coffee to Colombia.

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Definitions:

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A leadership theory which postulates that leaders are born with inherent traits, and these traits are responsible for their power and success.

Heroic Theory

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Dual-Process Theory

A cognitive model that postulates two distinct systems for processing information: intuitive (fast) and analytical (slow).

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