The Figure Above Shows the U

question 66

Multiple Choice

The figure above shows the U.S. market for T-shirts, where SUS is the domestic supply curve and DUS is the domestic demand curve. The United States trades freely with the rest of the world. The world price of a T-shirt is $5.
-Based on the figure above,international trade leads to

• A) a net gain of surplus of $60 million.
• B) a net loss of surplus of $60 million.
• C) a net gain of surplus of $90 million.
• D) a net loss of surplus of $90 million.
• E) no net gain or loss of surplus.

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Definitions:

Employee Engagement

Describes the level of enthusiasm and dedication a worker feels toward their job.

Talent Management

The strategic approach in human resource management that involves identifying, developing, engaging, and retaining individuals who are considered particularly valuable to an organization.

Organizational Behaviour

The study of how people interact within groups in a workplace setting and how this influences the performance and structure of an organization.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make a contribution to their community.