If Brazil Gives Up Three Automobiles for Each Ton of Coffee

question 116

Multiple Choice

If Brazil gives up three automobiles for each ton of coffee it produces,while Peru gives up seven automobiles for each ton of coffee it produces,then Brazil has a comparative advantage in _____ production and should specialize in _____.

• A)automobile;coffee
• B)coffee;automobiles
• C)coffee;coffee
• D)automobile;automobiles

Identify self-development strategies involving diagnosing learning needs and finding relevant self-help techniques.

Acknowledge that leader developmental experiences can extend beyond the workplace.

Understand the dynamics of initiating mentoring relationships by protégés.

Learn from large-scale simulations and understand their impact on participants.

---

Definitions:

Initial Margin

The minimum amount of funds required to open a position in the futures market, intended to cover potential losses.

Maintenance Margin

The minimum amount of capital that must be maintained in a margin account after a purchase or trade, to cover the risk of loss.

Margin Call

A requirement from a broker for an investor to add more cash or securities to their account to mitigate potential losses.

Short 100 Shares

The action of borrowing 100 shares of a stock to sell them with the expectation of buying them back later at a lower price.