Countries a and B Currently Consume 400 Units of Food

question 56

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. Suppose that trade is allowed and that the international exchange rate between food and textiles is one-for-one.The increased consumption following trade will be

• A)an increase of 400 units of food and 400 units of textiles.
• B)an increase of 1,200 units of food and 1,200 units of textiles.
• C)an increase of 800 units of food and 800 units of textiles.
• D)there are no gains from trade in this example.

Differentiate between the various types of teams in an organization and their specific roles.

Appreciate the complexities of team dynamics, including stages of development and the concept of synergy.

Understand the fundamental concepts of servant leadership.

Recognize the characteristics of different follower types, including alienated followers.