Table 3-21 Assume That Jamaica and Norway Can Switch Between Producing Coolers

question 76

Multiple Choice

Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day.
-Refer to Table 3-21. Jamaica has an absolute advantage in the production of

• A)coolers and Norway has an absolute advantage in the production of radios.
• B)radios and Norway has an absolute advantage in the production of coolers.
• C)both goods and Norway has an absolute advantage in the production of neither good.
• D)neither good and Norway has an absolute advantage in the production of both goods.

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Definitions:

Industrial Growth

The increase in production and economic scale within the industrial sector, leading to the expansion of industries and manufacturing capabilities.

Urban Growth

The expansion of a city or metropolitan area, both in terms of population and physical size.

White Prejudices

A term referring to prejudiced attitudes and beliefs held by white individuals or societies against people of other ethnicities or races.

Social Darwinism

The misapplication of Darwin's theory of evolution to social, political, and economic issues, promoting the idea that only the fittest individuals or societies survive and flourish.