Based on the Comparative Cost Ratios Implied in Figure 35

question 49

Multiple Choice

Based on the comparative cost ratios implied in Figure 35.2, it is clear that

• A)The United States has a comparative advantage in baseballs and Mexico has a comparative advantage in golf shoes.
• B)Mexico should import all of its golf shoes from the United States.
• C)The United States should import all of its baseballs from Mexico.
• D)The United States should specialize in producing golf shoes, and Mexico should specialize in producing baseballs.

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Definitions:

Kinsey's Survey

A comprehensive study of human sexual behavior published by Alfred Kinsey and colleagues in the mid-20th century.

Sexual Practices

Activities or behaviors that individuals engage in as part of their sexual life or to achieve sexual pleasure.

Variability

The extent to which data points in a statistical distribution or dataset differ from each other and from the average or mean.

Alfred Kinsey

An American biologist and sexologist, one of the pioneers in researching human sexuality in the mid-20th century, noted for his Kinsey Reports.