Assume That Australia Has a Comparative Advantage in Producing Surfboards

question 164

Multiple Choice

Assume that Australia has a comparative advantage in producing surfboards and New Zealand imports surfboards from Australia.We can conclude that

• A)Australia also has an absolute advantage in producing surfboards relative to New Zealand.
• B)Australia has a lower opportunity cost of producing surfboards relative to New Zealand.
• C)New Zealand has an absolute disadvantage in producing surfboards relative to Australia.
• D)Labor costs are higher for surfboard producers in New Zealand than in Australia.

Identify the functions and features of specific technologies such as cloud computing, smart phones, and VPNs.

Recognize security measures like passwords and backups in protecting data and network access.

Distinguish between different types of computer systems and their capabilities, such as midrange computers, supercomputers, and decision-support systems.

Understand the importance of disaster prevention strategies in information technology, including on-site and off-site data backup.

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Definitions:

Mary Cover Jones

An early psychologist known for her work in desensitization therapy, helping to lay the foundation for behavior therapy.

Joseph Wolpe

A South African psychiatrist best known for developing systematic desensitization, a method used in behavior therapy to treat phobias and other anxiety disorders.

Virtual Reality Exposure Therapy

A counterconditioning technique that treats anxiety through creative electronic simulations in which people can safely face their greatest fears, such as airplane flying, spiders, or public speaking.

Aversive Conditioning

A type of behavior conditioning where an unpleasant or painful stimulus is used to reduce the likelihood of a behavior reoccurring.