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Table 7-6
Output per hour Production and Production
of work Consumption without Trade with Trade
Estonia and Morocco can produce both swords and belts.Each country has a total of 40 available labor hours for the production of swords and belts.Table 7-6 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.Which country has a comparative advantage in producing swords?
Trait Theory
A theory that suggests leaders possess certain traits or characteristics that contribute to their leadership effectiveness.
Leadership
The process of influencing and guiding individuals or groups to achieve goals, often involving vision, motivation, and strategic direction.
Initiating Structure
A leadership behavior that involves setting up roles, tasks, and guidelines to organize work and establish clear pathways to goal achievement.
Leader Job Performance
The effectiveness with which a leader accomplishes their responsibilities and goals in an organizational setting.
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