Use the Following Scenario to Answer the Next Two Questions

question 79

Multiple Choice

Use the following scenario to answer the next two questions:
Suppose that Canada, an industrialized nation, and Mexico, a developing nation, both produce clothes and cars. The real wage in Mexico is lower than in Canada. The countries have a free trade agreement. Each nation will find a comparative advantage.
-A has a comparative advantage over B in producing a good if:

• A) A can produce more of the good than B can in a given time period.
• B) A has to trade off more than B does to produce the good.
• C) A has a lower opportunity cost of producing the good than does B.
• D) A has a higher opportunity cost of producing the good than does B.
• E) B can produce more of the good than A can in a given time period.

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Definitions:

Native Americans

The indigenous peoples and cultures of what is now the United States, who inhabited the land for thousands of years prior to European colonization.

Feminism

A movement and ideology that advocates for the rights and equality of women in society, politics, and all areas of life.

Accomplishments

Achievements or successes that have been realized, often resulting from hard work and effort.

1960s

A decade marked by significant social, political, and cultural change around the world, including the civil rights movement, counterculture, and advancements in science and technology.