Use the Following to Answer Questions

question 89

Multiple Choice

Use the following to answer questions:
-(Table: Wheat and Aluminium) Use Table: Wheat and Aluminium.The Canada and Germany can produce both wheat and aluminium.The table shows,in tonnage,the maximum annual output combinations of wheat and aluminium that can be produced.Which choice represents a possible trade based on specialization and comparative advantage?

• A) Germany would trade 2 tonnes of wheat to the United States for 1 tonne of aluminium.
• B) Germany would trade 2 tonnes of aluminium to the United States 0.5 tonne of wheat.
• C) The United States would trade 1 tonne of wheat to Germany for 1 tonne of aluminium.
• D) The United States would trade 1 tonne of wheat to Germany for 1.5 tonnes of aluminium.

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Definitions:

Outsourcing

The business practice of hiring a third-party to perform services, handle operations, or provide goods that are either difficult to manage or outside the company's core competencies.

Alternative Work Arrangements

Methods of staffing other than the traditional hiring of full-time employees, for example, use of independent contractors, on-call workers, temporary workers, and contract workers.

Intranet

A private, secured network used within a corporation to share information, operational systems, or computing services exclusively amongst employees.