The Table Below Shows Units of Wheat and Cloth Produced

question 28

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries. Table 34.1 Refer to Table 34.1.Assume that the U.S.has only two workers and the terms of trade are 2 bushels of wheat per rack of clothing.What would be the gains from trade for the U.S.if it is producing according to its comparative advantage?

• A)2 racks of clothing
• B)2.5 racks of clothing
• C)1.5 racks of clothing
• D)3 racks of clothing
• E)1 rack of clothing

---

Definitions:

IQR

The interquartile range, a measure of statistical dispersion representing the difference between the 25th and 75th percentiles.

Skewed

A description of data that is not symmetrically distributed, often leaning towards one direction.

Corn Snakes

A species of rat snake, Pantherophis guttatus, known for its relatively docile temper and being harmless to humans, often kept as pets.

Histogram

A graphical representation of data distribution through a series of bars, with each bar representing the frequency of data in certain intervals.