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If England Uses One Week's Time to Produce Ten Yards

question 118

True/False

If England uses one week's time to produce ten yards of cloth or two barrels of wine and Portugal uses one week's time to produce twelve yards of cloth or six barrels of wine, England has the comparative advantage in both goods.


Definitions:

Lewis and Clark

Explorers Meriwether Lewis and William Clark who led the Corps of Discovery Expedition (1804-1806) commissioned by President Thomas Jefferson to explore the newly acquired western portion of the United States.

Expedition

A journey or voyage undertaken by a group of people with a specific purpose, often related to exploration, research, or military objectives.

Missouri River

The longest river in North America, flowing from the Rocky Mountains of western Montana to the Mississippi River in St. Louis, Missouri.

Pike's Journey

An expedition led by American explorer Zebulon Pike in the early 19th century, known for its exploration of the southwestern part of the Louisiana Territory and encounters with Spanish forces.

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