In Germany, One Worker Can Produce Either One Cuckoo Clock

question 282

Multiple Choice

In Germany, one worker can produce either one cuckoo clock or one beer mug. In Taiwan, one worker can produce either two cuckoo clocks or three beer mugs. Who has the comparative advantage in each good?

• A)Taiwan in both goods
• B)Taiwan in clocks and Germany in mugs
• C)Germany in clocks and Taiwan in mugs
• D)Germany in both goods

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Definitions:

National Culture

The set of norms, beliefs, customs, and values shared by the population of a country, which influences the behaviors and practices of its inhabitants and organizations.

Global Leaders

Individuals who lead organizations or teams with a presence or impact that spans multiple countries, often dealing with diverse cultures and complex international challenges.

Employee Work Preferences

The specific conditions, environments, or tasks that individuals favor or find most conducive to productivity in the workplace.

Glass Ceiling

An unseen barrier that prevents certain individuals or demographics from rising beyond a certain level in a hierarchy, especially affecting women and minorities.