The Table Below Shows Units of Wheat and Cloth Produced

question 35

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries. Table 20.1
-Which of the following can be inferred from the information provided in Table 20.1?

• A)India has a comparative advantage in the production of wheat.
• B)India has a comparative advantage in the production of both wheat and cloth.
• C)It will be beneficial for the U.S.to produce and export wheat.
• D)India will be better off by producing and exporting cloth.
• E)The U.S.has a comparative advantage in the production of both wheat and cloth.

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Definitions:

Export Promotion

A strategy or policy aimed at encouraging the sale of goods and services to foreign countries to boost the exporting country's economic base.

Manufacture Goods

Products that have been processed or transformed from raw materials into finished goods ready for sale.

MDG Concerns

Pertains to issues or matters that directly impact the progress or achievement of the Millennium Development Goals, which are a set of eight global development targets.

Gender Equality

The state of equal access to resources and opportunities regardless of gender, including economic participation and decision-making.