(Figure: PPF0) in the Figure, with Specialization and Terms of Trade

question 67

Multiple Choice

(Figure: PPF0) In the figure, with specialization and terms of trade of 2 pizza for 2 calzone, Luxembourg can consume _____ pizza(s) and _____ calzone(s) .

• A) 2; 3
• B) 2; 4
• C) 4; 3
• D) 4; 6

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Definitions:

Transparency

The practice of being open, honest, and straightforward about various activities, making information accessible and understandable to stakeholders.

Stakeholder Responsibility

The obligations that individuals, groups, or organizations have towards others within and outside an organization who are affected by or have an interest in their actions and decisions.

Obligations

Duties or commitments that an individual or organization is bound to fulfil, often legally or morally.

Identifiable Groups

Collections of individuals who are recognizable by specific characteristics, attributes, or affiliations.