Suppose an American Worker Can Make 50 Pairs of Gloves

question 15

Multiple Choice

Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day.A Bangladeshi worker,on the other hand,can produce 100 pairs of gloves or grow 200 radishes per day.Using the concepts of advantage and trade,we can say that:

• A)the opportunity cost of one pair of gloves is lower for the United States than Bangladesh,therefore the United States has a comparative advantage in glove production.
• B)the opportunity cost of one pair of gloves is higher for the United States than Bangladesh,therefore the United States has a comparative advantage in radish production.
• C)the opportunity cost of one pair of gloves is the same for both the United States and Bangladesh,therefore no comparative advantage exists.
• D)the opportunity cost of one pair of gloves is the same for both the United States and Bangladesh,therefore they both have the comparative advantage in glove production.

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Definitions:

Active Conflict

A situation where there is an overt disagreement or opposition between parties, often requiring direct attention and resolution.

Prior Conditions

Preexisting states or situations that influence or determine the context for future events or decisions.

Frustration Awareness

Awareness of the emotional state of being frustrated, including identifying triggers and managing responses.

Incompatible Goals

Objectives or aims of individuals or groups that are in conflict with one another, making it difficult for both parties to achieve their desires simultaneously.