Consider a Hypothetical Economy in Which Only

question 94

Multiple Choice

Consider a hypothetical economy in which only
Computers and shoes are produced and in which
Computer production is capital intensive compared with
Shoe production.If two resources are being used, labor
And capital, then any increase in immigration in the
Long run:

• A)will cause the capital­labor ratio to increase in the computer industry.
• B)will cause the capital­labor ratio to increase in the shoe industry.
• C)will cause the capital­labor ratio to increase in both the industries.
• D)will increase the number of workers employed in the shoe industry.

---

Definitions:

Early Twentieth Century

A period from 1900 to 1945 marked by rapid industrialization, significant technological advancements, and major global conflicts such as World War I and World War II.

Blacks

Refers to people of African descent, often used in the context of discussing racial issues, identity, and experiences, particularly in the United States.

Liberal Internationalism

A foreign policy doctrine that advocates for a world order based on rules, cooperation among nations, and the promotion of democracy, human rights, and economic development.

Moral Imperialism

Refers to the practice of enforcing a nation's perceived ethical standards and values on another country, often through colonialism or foreign policy.