Table 3-5 Assume That England and Spain Can Switch Between Producing Cheese

question 405

Multiple Choice

Table 3-5
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.

-Refer to Table 3-5.Without trade,England produced and consumed 32 units of cheese and 2 units of bread and Spain produced and consumed 6 units of cheese and 2 units of bread.Then,each country agreed to specialize in the production of the good in which it has a comparative advantage and trade 7 units of cheese for 2.5 units of bread.As a result,England gained

• A) 0 units of cheese and 0.5 unit of bread and Spain gained 1 unit of cheese and 0.5 unit of bread.
• B) 1 unit of cheese and 0.5 unit of bread and Spain gained 1 unit of cheese and 0.5 unit of bread.
• C) 7 units of cheese and 2.5 units of bread and Spain gained 7 units of cheese and 2.5 units of bread.
• D) 33 units of cheese and 2.5 units of bread and Spain gained 7 units of cheese and 2.5 units of bread.

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Definitions:

Brain Plasticity

The brain's capacity to change and adapt by forming new neural connections, allowing for learning and recovery from injury.

Gene Expression

The process by which the instructions in our DNA are converted into a functional product, such as a protein.

Brain Development

The process of growth and change in the brain's structure and function over the course of a life span, significantly occurring in childhood.

Synaptic Growth

The process by which neurons form new synaptic connections, enhancing the communication pathways in the brain.