Differences in the Productivity of Labor Account for Comparative Advantage

question 26

Multiple Choice

Differences in the productivity of labor account for comparative advantage if:

• A)the minimum wage varies across the countries.
• B)the size of the domestic market varies across the countries.
• C)different countries have differences in labor hours required to produce each good.
• D)the strength of workforce varies across countries.
• E)the laborers are paid different wages in different countries.

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Definitions:

Surface Acting

A behavioral concept where individuals fake or modify their external expressions or emotions to meet certain expectations.

Deep Acting

An emotional labor strategy where individuals attempt to feel the emotions they are supposed to display, rather than just superficially acting them out.

Internal Emotion

A personal and subjective experience of feeling, which originates inside an individual and can influence their thoughts and behavior.

Fear

A primal emotion experienced in anticipation of some specific pain or danger, often leading to behavioral changes such as fight or flight.