Table 2-9 Table 2-9 Shows the Number of Labor Hours

question 36

Multiple Choice

Table 2-9
Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-9.If the two countries specialize and trade,who should export wristwatches?

• A)There is no basis for trade between the two countries.
• B)Japan
• C)Thailand
• D)They should both be importing wristwatches.

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Definitions:

Depth Interview

A research method focusing on gathering detailed information through in-depth interviews with a few participants to understand their views on a specific concept, initiative, or circumstance.

Free-Flowing Questions

A type of inquiry that allows for open-ended responses, encouraging a more dynamic and conversational interaction.

Underlying Ideas

Fundamental concepts or principles that form the basis or reasoning for something, often not immediately obvious.

Focus Groups

Small, diverse groups of people whose reactions are studied especially in market research or political analysis in guided or open discussions.