Table 212 Table 2

question 99

Multiple Choice

Table 2.12 Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland.
-Refer to Table 2.12.If the two countries specialize and trade, who should export lumber?

• A)There is no basis for trade between the two countries.
• B)Estonia
• C)Finland
• D)They should both be exporting lumber.

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Definitions:

Predictive Validity

The extent to which a score or measure can predict future performance or behavior.

Test Outcome

The result or findings obtained from executing a statistical test or experiment.

Future

A time period that is yet to come, often discussed in the context of predictions, planning, and expectations.

Concurrent Criterion Validity

How well a test outcome is consistent with a criterion that exists in the present.