If Nation a Can Produce 5 Units of Good X

question 19

Multiple Choice

If nation A can produce 5 units of good X or 10 units of good Y and nation B can produce 4 units of good X or 12 units of good Y we can conclude that both nations would gain from trade if nation A sold _____ units of good _____ for one unit of good _____

• A) 0.4; Y; X
• B) 2.5; Y; X
• C) 2.5; X; Y
• D) 0.4; X; Y

---

Definitions:

Scheme

An organized pattern of thought or behavior that organizes categories of information and the relationships among them.

Primary Circular Reaction

A repetitive action in early child development (around 1-4 months of age) where infants learn to coordinate sensory experiences with new motor activities, focusing mainly on their own bodies.

Cognitive Processes

The mental actions or operations involved in acquiring, processing, and storing knowledge, including perception, memory, and reasoning.

Orderly Sequence

A systematic arrangement of elements or events following a specific order, ensuring a logically structured progression from one stage to the next.