Refer to the Above Table

question 63

Multiple Choice

Refer to the above table. Assuming constant opportunity costs, which of the of the following statements is correct if the rate of exchange is 1 movie for 1 cuckoo clock.

• A) U.S. residents would be willing to export cuckoo clocks, but Swiss residents would not gain from exporting movies at this rate of exchange.
• B) Swiss residents would be willing to export movies, but U.S. residents would not gain from exporting cuckoo clocks at this rate of exchange.
• C) U.S. residents will gain from exporting movies and Swiss residents will gain from exporting cuckoo clocks at a rate of exchange.
• D) U.S. residents will gain from exporting cuckoo clocks and Swiss residents will gain from exporting movies at a rate of exchange.

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Definitions:

Supportive

Providing assistance, encouragement, or comfort to others, often in times of need or distress.

Medial Prefrontal Cortex

A region of the brain involved in decision making, social cognition, and the processing of self-relevant information.

Lateral Temporal Cortex

A region of the brain involved in processing sound and language, and in some aspects of memory and visual perception.

Semantic Knowledge Stores

The aspect of long-term memory that involves the storage of general knowledge about the world, concepts, facts, and the meanings of words and symbols.