If Ecuador Has an Absolute Advantage in Coffee and Argentina

question 33

Multiple Choice

If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory:

• A) Ecuador should focus production on coffee and trade for wheat.
• B) Ecuador would do well to produce its own coffee rather than import it from Bolivia.
• C) As stated directly in the text.
• D) all of the above.
• E) two of A, B, and C.

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Definitions:

Carbon-Carbon Splitting

A chemical process that involves breaking the bond between two carbon atoms in a compound.

DEPT-90

A nuclear magnetic resonance (NMR) spectroscopy technique that distinguishes between CH and CH3 groups in a molecule by phase modulation.

DEPT-135

A nuclear magnetic resonance (NMR) spectroscopic technique used to distinguish between carbon atoms with different numbers of hydrogen atoms attached in organic compounds.

Carbonyl

A functional group characterized by a carbon atom double-bonded to an oxygen atom, commonly found in aldehydes, ketones, carboxylic acids, and amides.