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If England Uses One Week's Time to Produce Ten Yards

question 118

True/False

If England uses one week's time to produce ten yards of cloth or two barrels of wine and Portugal uses one week's time to produce twelve yards of cloth or six barrels of wine, England has the comparative advantage in both goods.


Definitions:

Speakeasies

Illicit establishments that sold alcoholic beverages during the Prohibition era in the United States.

Louis Brandeis

An American lawyer and Associate Justice on the Supreme Court of the United States from 1916 to 1939, known for his advocacy of privacy rights and progressive policies.

Civil Liberties

Basic rights and freedoms guaranteed to individuals, often protected from government interference, such as freedom of speech and religion.

Free Speech

The right to express one's opinions openly without governmental restraint.

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