If There Are Two Goods and Two Countries, Then One

question 79

Multiple Choice

If there are two goods and two countries, then one country can have

• A) an absolute advantage in only one good.
• B) an absolute advantage in both goods.
• C) a higher opportunity cost of producing both goods.
• D) a lower opportunity cost of producing both goods.

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Definitions:

Hidden Pane

The pane in the Johari Window that contains information and feelings that you are hiding from other people.

Johari Window

A model that helps people better understand their relationship with themselves and others, involving self-disclosure and feedback.

Johari Window

A model for understanding and improving self-awareness, interpersonal relationships, and group dynamics through disclosed and hidden information.

Blind Pane

Refers to the quadrant in the Johari Window model that represents information unknown to oneself but known to others.