Answer the Following Question Based on the Data Provided in the Tables

question 70

Multiple Choice

Answer the following question based on the data provided in the tables below for two hypothetical nations, Wat and Xat. The nations have the production possibilities for rice and corn given in the following table: Refer to the data above. Which of the following statements about the two nations is correct based on the principle of comparative advantage?

• A) Xat should specialize in the production of corn
• B) Wat should specialize in the production of rice
• C) Xat has a comparative advantage in the production of rice
• D) Xat has a comparative advantage in the production of corn

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Definitions:

Peers

Individuals who are of similar age, status, or group, often playing significant roles in socialization and influence.

Attributional Styles

Tendencies of individuals to attribute causes to their successes and failures in a particular way that can affect their motivation and emotional state.

Helplessness

A state of being unable to prevent or avoid negative situations or feelings, often leading to a lack of self-efficacy.

Hopelessness

A state of despair characterized by a lack of optimism about the future and a belief that current difficulties or suffering will not improve.