Examlex

Solved

Countries a and B Currently Consume 400 Units of Food

question 77

Multiple Choice

Countries A and B currently consume 400 units of food and 400 units of textiles each and currently do not trade with one another.The citizens of country A have to give up one unit of food to gain two units of textiles,while the citizens of country B have to give up one unit of textiles to gain two units of food.Their production possibilities curves are shown. Countries A and B currently consume 400 units of food and 400 units of textiles each and currently do not trade with one another.The citizens of country A have to give up one unit of food to gain two units of textiles,while the citizens of country B have to give up one unit of textiles to gain two units of food.Their production possibilities curves are shown.   Under the theory of comparative advantage A) The citizens of country A should make food and trade with the citizens of country B for textiles. B) The citizens of country A should make textiles and trade with the citizens of country B for food. C) There are no gains from trade in this example. D) A is twice as good as B at making food and B is twice as good as A at making textiles. Under the theory of comparative advantage


Definitions:

Aspermia

A medical condition characterized by the absence of sperm in semen.

Spermatid

An immature male gamete or reproductive cell that develops into a mature spermatozoon.

Spermicide

A chemical product used during sexual intercourse to kill sperm, thereby reducing the likelihood of pregnancy.

Ejaculatory Duct

A duct through which semen is ejected into the urethra before being expelled from the body during ejaculation.

Related Questions