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Table 2.8 Table 2.8 Shows the Number of Labour Hours Required to of Labour

question 57

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Table 2.8
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? A) There is no basis for trade between the two countries. B) Ireland C) Scotland D) They should both be exporting guitars.
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?


Definitions:

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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