In Terms of Comparative Advantage, the Most Correct Explanation of Why

question 14

Multiple Choice

In terms of comparative advantage, the most correct explanation of why bananas are imported into the U.S.is that

• A)bananas cannot be produced in temperate climates.
• B)it would take too much irrigation to produce bananas in the United States.
• C)bananas can be produced only with more effort elsewhere.
• D)U.S.resources are better employed in producing commodities that are relatively more expensive to produce in other countries and relatively less expensive to produce in the U.S.
• E)bananas are in relatively low demand in the United States.

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Definitions:

Quality of Work Life

A concept that involves the enhancement of work conditions, job satisfaction, and workplace environment to improve the productivity and well-being of employees.

Organization

A structured group of people who work together to achieve a specific purpose or set of goals, such as a business, government, or charity.

Labour Planning

A means of determining staffing policies dealing with employment stability, work schedules, and work rules.

Employment Stability

The reliability of job security within an organization, contributing to the long-term retention of employees.