-Use the Above Table

question 292

Multiple Choice

-Use the above table. Assuming constant opportunity costs, if countries Alpha and Beta specialize based on comparative advantage, then they will trade if the rate of exchange is

• A)5 knives for 1 fork, and Alpha imports forks.
• B)0.5 knives for 1 fork, and Alpha imports forks.
• C)0.5 fork for 1 knife, and Beta imports knives.
• D)6 forks for 1 knife, and Beta imports knives.

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Definitions:

Post And Lintel

An architectural technique involving two vertical posts supporting a horizontal beam, lintel, commonly found in ancient structures.

Ain Ghazal Figures

Prehistoric statues found in Jordan, dating to the Neolithic period, notable for their large size and stylized human features.

Plaster And Reed

Building materials used historically in construction, particularly for making walls and ceilings, by applying wet plaster over a lattice of reeds or lath.

Ocher And Charcoal

Natural pigments used since prehistoric times for art, ocher is an earthy pigment ranging in color from yellow to deep orange or brown, while charcoal is a black substance made by burning wood with reduced oxygen.