Use the Following to Answer Question(s): Production Possibilities Schedule for Two

question 22

Multiple Choice

Use the following to answer question(s) : Production Possibilities Schedule for Two Commodities

-(Exhibit: Production Possibilities Schedule for Two Commodities) Assuming constant costs in the neighborhood of their current levels of production, the exhibit shows the number of units of commodity X each country would have to forgo to produce the additional units of commodity Y indicated.Further assume that the only input is labor and that it remains fully employed.If there were unrestricted trade and specialization according to the law of comparative advantage:

• A) the United States would export X and import Y.
• B) Canada would export X.
• C) the United States would import both X and Y.
• D) Canada would import both X and Y.

Acknowledge the ethical considerations associated with genetic engineering and its applications.

Understand the differences between various types of twins and their genetic similarities.

Recognize the role of polygenic transmission in the expression of phenotypic traits.

Understand the basic concepts and structures of transportation problems.