The Table Below Shows Units of Wheat and Cloth Produced

question 20

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1

-A country can benefit by indulging in international trade when:

• A)it produces a good in which it has an absolute disadvantage.
• B)it produces a good in which its trading partner has an absolute advantage.
• C)it produces a good in which it has a comparative advantage.
• D)it produces all the goods which are supported by its resources.
• E)it produces nothing and merely depends on foreign imports.

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Definitions:

Systematically

In a methodical and organized manner, following a system, plan, or order.

Control Variables

Variables that researchers hold constant or monitor in order to assess the effect of the independent variable on the dependent variable in an experimental design.

Context

The circumstances or setting surrounding an event, statement, or idea which can influence its meaning or effect.

Sequence

An ordered series or arrangement of items, events, or ideas, one following the other in a specific logical or set pattern.