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question 215

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Use the following to answer questions:
Scenario: Countries A and B
Two countries, A and B, produce two goods, wheat (W) and steel (S) . Each has a linear production possibility frontier in both goods. If country A spends all of its available resources to produce wheat, it can produce 500 tons of wheat and no steel. If it uses all of its resources to produce steel, it can produce 250 tons of steel and no wheat. If country B spends all of its available resources producing wheat, it can produce 400 tons of wheat, and if it spends all of its resources on the production of steel, it can produce 400 tons of steel.
-(Scenario: Countries A and B) Look at the scenario Countries A and B. Given this information, the country that has the absolute advantage in wheat is _____, and the country that has the absolute advantage in steel is _____.


Definitions:

Ransomware

A type of malicious software designed to block access to a computer system or files until a sum of money is paid, usually in cryptocurrency.

Spyware

Software that collects information without user consent, using keystroke logging, gaining access to saved documents, and recording Internet activity. Results in unsolicited pop-ups and identity theft.

Trojan

A virus program that appears to be a normal application but that, when executed, changes something. It does not replicate but could gather information that could later be used to hack into someone’s computer.

Multifactor Authentication

A security system requiring more than one method of authentication from independent categories of credentials to verify the user's identity.

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