Suppose That,given the Same Number of Workers,the United States Can

question 108

Multiple Choice

Suppose that,given the same number of workers,the United States can produce two times as many TVs or 20 times as many potatoes as Chile.Which of the following statements is true?

• A) Chile should trade with the United States for potatoes because the United States has an absolute advantage in the production of potatoes.
• B) Chile should trade with the United States for TVs because the United States has an absolute advantage in the production of potatoes.
• C) The United States can benefit from trading TVs but not potatoes with Chile.
• D) The United States has absolute advantage in producing both goods.

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Definitions:

Selective Breeding

The process of breeding plants and animals for particular genetic traits, to enhance or develop specific characteristics.

Genetic Method

An approach in psychology that examines the influence of genetics on behavior and traits, studying how inherited characteristics impact individual differences.

Pancreas

A dual-purpose gland under the stomach that performs both digestive and endocrine functions.

Insulin Production

The process by which the pancreas creates insulin, a hormone key to regulating blood glucose levels.