If Canada Has a Comparative Advantage Relative to Mexico in the Production

question 135

Multiple Choice

If Canada has a comparative advantage relative to Mexico in the production of timber, then

• A)the explicit cost of production for timber is lower in Canada than in Mexico.
• B)the opportunity cost of production for timber is lower in Canada than in Mexico.
• C)the implicit costs of production for timber are higher in Canada than in Mexico.
• D)the average cost of production for timber is lower in Canada than in Mexico.

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Definitions:

Hypoactive

Describing a lower than normal level of activity, either in general terms or referring specifically to certain bodily functions or parts.

Arousal Deviation

A divergence in the level of physiological or psychological arousal from an individual's normal baseline or optimum level, which can affect behavior and performance.

Social Support Theory

A theory suggesting that the perception or reality of having support from others can significantly impact an individual’s health and well-being.

Social Relationships

Connections between individuals in a society, formed by emotional bonds and interactions, which can significantly influence behavior and well-being.