Examlex

Solved

The Relative Price of a Unit of Cloth in the Small

question 47

Multiple Choice

The relative price of a unit of cloth in the small isolated country of Moribundia is 5 units of food.When then central city,Mudhole,puts in an airstrip,the country is able to engage in trade.If the relative price of cloth in the outside world is 3 units of food,then Moribundia will export ________ and ________ factors used in the production of ________ will benefit.


Definitions:

Amnesia

A condition characterized by memory loss that can be caused by brain injury, disease, or psychological trauma.

Analgesia

The inability to feel pain, often achieved through the use of medications.

Anesthesia

A medical technique that involves the use of drugs to block sensation, typically resulting in a loss of feeling or consciousness.

Central Nervous System

The part of the nervous system comprising the brain and spinal cord, controlling most functions of the body and mind.

Related Questions