Table 2-9 Table 2-9 Shows the Number of Labor Hours Required to of Labor

question 9

Multiple Choice

Table 2-9

Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.If the two countries specialize and trade, who should export canoes?

• A)There is no basis for trade between the two countries.
• B)Guatemala
• C)Honduras
• D)They should both be exporting canoes.

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Definitions:

Libertarians

One term for persons who hold the metaphysical view that our apparently free choices actually are free. This term is also used for those who adopt the political position of libertarianism.

Determinism

The view that every event in the universe is dependent upon other events that are its causes. In this view, all human actions and decisions, even those we would normally describe as free and undetermined, are totally dependent on prior events that cause them.

Responsible

Being accountable or to blame for something, often reflecting a moral or legal obligation.

Socrates

An ancient Greek philosopher who is considered one of the founders of Western philosophy, known for his Socratic method of questioning.