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Scenario 20

question 110

Multiple Choice

Scenario 20.2 Suppose labor productivity differences are the only determinants of comparative advantage,and both Egypt and produce only corn and cocoa.In Egypt,10 bushels of corn or 15 pounds of cocoa can be produced in a day.In Ghana,one day of labor can be used to produce either 2 bushels of corn or 8 pounds of cocoa.
-Based on Scenario 20.2,which of the following terms of trade would benefit both countries?


Definitions:

Ethics of Care

A philosophical perspective that emphasizes the importance of caring, empathy, and maintaining relationships as a moral obligation.

Autonomy

The capacity and right of individuals to make their own choices and govern themselves.

Nonmaleficence

A principle in ethics that requires avoiding actions that cause harm or injury to others, key in medical and healthcare ethics.

Justice

A moral principle regarding fairness and the equitable treatment of all individuals.

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