Which of the Following Is an Implication of the Law

question 138

Multiple Choice

Which of the following is an implication of the law of comparative advantage?

• A) Countries with small amounts of labor relative to capital should specialize in producing labor-intensive commodities.
• B) Since workers in high-income countries utilize larger amounts of capital than workers in less developed nations, trade between capital-rich and capital-poor nations results in the exploitation of labor in the less developed countries.
• C) Countries that are high cost producers of agricultural products should trade those products for goods they can produce only at a low opportunity cost.
• D) Countries that are low opportunity cost producers of timber products should trade those products for goods they can produce only at a high opportunity cost.

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Definitions:

Mental Symbols

are cognitive representations of reality that allow for complex thought processes, including language, mathematical symbols, and images.

SIDS

Sudden Infant Death Syndrome, the unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.

Tummy Time

A practice where infants are placed on their stomachs while awake to help strengthen their neck and shoulder muscles and promote motor skills.

Locomotion

Is the ability to move from one place to another, which can involve walking, running, swimming, or other forms of physical movements.