Scenario 20.2 Suppose Labor Productivity Differences Are the Only Determinants of Comparative

question 75

Multiple Choice

Scenario 20.2
Suppose labor productivity differences are the only determinants of comparative advantage, and both Egypt and Ghana produce only corn and cocoa. In Egypt, 10 bushels of corn or 15 pounds of cocoa can be produced in a day. In Ghana, one day of labor can be used to produce either 2 bushels of corn or 8 pounds of cocoa.
-The Dutch Disease had occurred in Netherlands because:

• A)the Netherlands government had borrowed heavily from the World Bank to meet its Balance of Payment deficits.
• B)the price of the primary commodities declined in the international market.
• C)the demand for natural gas exports from Netherlands increased substantially.
• D)the currency of Netherlands depreciated in the international market.
• E)the price of the commodities manufactured by Netherlands declined in the international market.

Evaluate the effects of immigration laws and policies on the racial and ethnic diversity of the United States.

Understand the changing significance of race in the United States.

Identify and analyze the formation and impact of ethnic enclaves.

Examine the differing viewpoints on race-specific policies, such as affirmative action.

---

Definitions:

Whistle-Blowers

Individuals who expose illegal, unethical, or corrupt practices within an organization, often facing significant personal risk.

Low-Level Officials

Officials in the government who hold positions of lesser authority, often responsible for overseeing daily administrative tasks.

Improper Activities

Actions or behaviors that are unethical, illegal, or do not comply with set standards or rules.

Adversarial Journalism

A style of journalism that involves investigative reporting aimed at uncovering the truth, often through confrontational methods with those in power.