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The Table Below Shows Units of Wheat and Cloth Produced

question 55

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The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1
The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1    -Refer to Table 20.1. Assume that the U.S. has only two workers and can produce and trade 2 units of wheat for a unit of clothing. What would be the gains from trade for the U.S. if it is producing according to its comparative advantage? A) 2 units of clothing B) 2.5 units of clothing C) 1.5 units of clothing D) 3 units of clothing E) 1 units of clothing
-Refer to Table 20.1. Assume that the U.S. has only two workers and can produce and trade 2 units of wheat for a unit of clothing. What would be the gains from trade for the U.S. if it is producing according to its comparative advantage?


Definitions:

Facilitative Factor

An element or condition that aids and promotes the successful achievement of a goal or the completion of a process.

Carrying Out Tasks

The execution or performance of specific duties or activities as part of a job or project.

Evaluating Outcome

The process of assessing the results or impacts of actions or interventions, usually within the context of projects, programs, or treatments.

Behavioral Rehearsal

A technique used in therapy and training where individuals practice desired behaviors in a safe environment to improve their skills.

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