Refer to the Information Provided in Figure 19

question 58

Multiple Choice

Refer to the information provided in Figure 19.1 below to answer the questions that follow.
Figure 19.1
-Refer to Figure 19.1.Which of the following statements is TRUE?

• A)Only Canada can benefit from trade because the United States has an absolute advantage in the production of both soybeans and alfalfa.
• B)Trade will benefit both countries because the United States has a comparative advantage in the production of soybeans and Canada has a comparative advantage in the production of alfalfa.
• C)Trade will benefit both countries because the United States has a comparative advantage in the production of alfalfa and Canada has a comparative advantage in the production of soybeans.
• D)Trade will benefit neither country because the United States has an absolute advantage in the production of both soybeans and alfalfa,but Canada has a comparative advantage in the production of both soybeans and alfalfa.

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Definitions:

Service Gap

The difference between customer expectations for service quality and the actual service delivered. This gap can influence customer satisfaction and business success.

Zone of Tolerance

refers to the range within which customers are willing to accept variations in service delivery and still be satisfied.

Service Quality

The measurement of how well a delivered service matches the customer's expectations.

Trained Guides

Individuals who have received specialized instruction and certification to lead others, often in outdoor, historical, or educational settings, providing safe and informative experiences.