Use the Following to Answer Questions

question 12

Multiple Choice

Use the following to answer questions :
-(Table: Wheat and Aluminum) Look at the table Wheat and Aluminum. The United States and Germany can produce both wheat and aluminum. The table shows, in tonnage, the maximum annual output combinations of wheat and aluminum that can be produced. Which of the following choices represents a possible trade based upon specialization and comparative advantage?

• A)Germany would trade 2 tons of wheat to the United States for 1 ton of aluminum.
• B)Germany would trade 2 tons of aluminum to the United States for 0.5 ton of wheat.
• C)The United States would trade 1 ton of wheat to Germany for 1 ton of aluminum.
• D)The United States would trade 1 ton of wheat to Germany for 1.5 tons of aluminum.

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Definitions:

Physical Risk

The possibility of sustaining bodily injury or harm during the performance of an activity or due to exposure to physical hazards.

Monetary Cost

The amount of money that must be paid to buy, maintain, or use something.

Informed Consent

Informed consent is a process in which researchers provide potential participants with all relevant information about a study, ensuring they understand the risks and benefits before agreeing to participate.

Hypothesis

An assertion about what is true in a particular situation; often, a statement asserting that two or more variables are related to one another.