Assume That by Devoting All Its Resources to the Production

question 275

True/False

Assume that by devoting all its resources to the production of X, nation Alpha can produce 20 units
of X. By devoting all its resources to Y, Alpha can produce 30Y. Comparable figures for nation Beta
are 60X and 40Y. Alpha would prefer terms of trade at, or close to, 1X = 2/3Y.

---

Definitions:

Vertebral Column

The spine, the rigid, bony structure in the midline of the back; composed of vertebrae.

Hemoglobin

A protein in red blood cells responsible for carrying oxygen from the lungs to the rest of the body.

Live Birth

The process of giving birth to young that have developed inside the body, as opposed to laying eggs.

Neural Crest Cells

A group of embryonic cells found only in vertebrates; develop along the neural tube and migrate to various parts of the embryo where they give rise to (or influence the development of) nerves, head muscles, cranium, jaws, and other structures.