Answer the Question on the Basis of the Following Information

question 9

True/False

Answer the question on the basis of the following information.Assume that by devoting all its resources to the production of X,nation Alpha can produce 20 units of X.By devoting all its resources to Y,Alpha can produce 30Y.Comparable figures for nation Beta are 60X and 40Y.
Refer to the given information.There is no basis for trade between Alpha and Beta because Beta has an absolute advantage in the production of both goods.

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Definitions:

Food Quality Protection Act

A 1996 federal law that set pesticide limits in food, & all active and inactive ingredients must meet safety standards for infants and children.

Toxic Substances Control Act

U.S. legislation enacted to regulate the introduction of new or already existing chemicals, with the aim of protecting human health and the environment.

Unreasonable Risk

A situation or action that exposes individuals to a significant potential for harm that is not justified by the possible benefits.

Human Health

The state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.