The United States Has a Comparative Advantage in the Production

question 257

Multiple Choice

The United States has a comparative advantage in the production of wheat, and Haiti has a comparative advantage in the production of sugar. If both countries specialize based on the theory of comparative advantage

• A) only the production of wheat will increase.
• B) the production and consumption of both goods will increase.
• C) only the production of both goods will increase.
• D) only the consumption of both goods will increase.

Recognize effective leadership practices according to Peter Drucker.

Understand the importance of charisma and referent power in leadership.

Distinguish between the concepts of power and authority in organizational settings.

Identify types of power exhibited by leaders in organizational contexts.

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Definitions:

Emotional Empathy

The capacity to understand and share the feelings of another person from their perspective.

Emotional Intelligence

The skill to recognize, govern, and communicate personal emotions, while also managing social interactions wisely and with empathy.

Cognitive Dissonance

A psychological phenomenon where an individual experiences mental discomfort from holding two or more contradictory beliefs, values, or ideas simultaneously.

Emotional Dissonance

A conflict or incongruence between felt emotions and the emotions that are expressed or expected to be expressed in a social context.