-Use the Above Table

question 171

Multiple Choice

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

• A)is 7 gallons of wine for 1 pound of beef, and Argentina imports beef.
• B)0.25 gallons of wine for 1 pound of beef, and France imports beef.
• C)0.25 pounds of beef for 1 gallon of wine, and Argentina imports wine.
• D)0.4 pounds of beef for 1 gallon of wine, and France imports wine.

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Definitions:

Sociologists

Scholars who study society and social behavior by examining the groups, institutions, and processes that people develop and participate in.

Ethnomethodologists

Researchers who study the ways in which people create, maintain, and understand their social realities through everyday practices.

External Constraints

Factors outside an individual's immediate control that limit or influence their actions and decisions.

Social Structures

The complex pattern of relationships that shape any society. It determines how individuals and groups interact with each other, the roles they play in society, and how they are socially positioned.