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Table 2.8
Table 2.8 shows the number of labour hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2.8. If the two countries specialise and trade, who should export guitars?
Earnings
The amount of money that an individual or business receives in exchange for providing a service or through investing capital.
Political Participation
The involvement of citizens in the political process, ranging from voting in elections to engaging in political discussions or activism.
Daycare
A service that provides care and supervision for children while their parents are at work or engaged in other activities.
Labour Force Participation
The portion of the working-age population (usually those aged 15-64) that is either employed or actively looking for work.
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