Table 3-6 -Refer to Table 3-6.If Denmark and Italy Specialize and Trade

question 109

Multiple Choice

Table 3-6

-Refer to Table 3-6.If Denmark and Italy specialize and trade according to their respective comparative advantage,who gains in the short run in Denmark

• A)owners of cheese-producing companies
• B)owners of milk-producing companies
• C)consumers who like cheese
• D)consumers who like bread

---

Definitions:

Business Sense

An innate understanding of what is needed for an organization to make money, including market awareness, competition analysis, and financial acumen.

Diversity Competency

The ability to interact effectively with people from different cultures, ethnicities, ages, genders, religions, lifestyles, and other diversity dimensions.

Organizational Strength

The capacity of an organization to utilize its resources effectively to achieve its objectives.

Secondary Category

A further division within a primary classification, used to organize and group items or information more specifically.