Table 2.1.Output Possibilities of the U.S.and the U.K

question 70

Multiple Choice

Table 2.1.Output Possibilities of the U.S.and the U.K.

-Referring to Table 2.1,the United Kingdom gains most from trade if:

• A) 1 ton of steel trades for 2 televisions
• B) 1 ton of steel trades for 3 televisions
• C) 2 tons of steel trade for 4 televisions
• D) 2 tons of steel trade for 5 televisions

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Definitions:

Basic Rights

Fundamental entitlements inherent to all human beings, without discrimination, including rights to life, liberty, and personal security.

Human Rights

The fundamental rights and freedoms that every person is entitled to, regardless of nationality, sex, ethnic origin, color, religion, language, or any other status.

Basic Rights

Fundamental rights that are considered to be inherent and inalienable to every individual, often encompassing freedom, equality, and justice.

Economic Justice

The aim to create opportunities for every individual to have a fair stance in economic activities, distribution of resources, and wealth.