Table 3-3 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 310

Multiple Choice

Table 3-3
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.

-Refer to Table 3-3.Zimbabwe and Portugal would not be able to gain from trade if Zimbabwe's opportunity cost of one toothbrush changed to

• A) 0 hairbrushes.
• B) 5/6 hairbrushes.
• C) 6/5 hairbrushes.
• D) Zimbabwe and Portugal can always gain from trade regardless of their opportunity costs.

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Definitions:

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural cities, and bilingual population (English and French).

Population Age Structure Diagrams

Population age structure diagrams, also known as population pyramids, visually represent the age and sex distribution of a population, providing insights into birth rates, death rates, and life expectancy.

Death Rates

The number of deaths per unit, usually 1,000 or 100,000, of the population in a specified area or group.

Stable Population

A population size that remains consistently within a small range, indicating a balance between birth rates and death rates.