Suppose That Home Has 20% of the World's Capital, 10

question 96

Multiple Choice

Suppose that Home has 20% of the world's capital, 10% of the world's skilled labor, and 30% of the world's unskilled labor and produces 20% of the world's GDP. What does this information suggest?

• A) only that Home is capital abundant
• B) only that Home is skilled-labor abundant
• C) only that Home is abundant in unskilled labor
• D) Home is not abundant in capital, skilled labor, or unskilled labor.

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Definitions:

International Relations

A field of political science that studies the interactions between countries, including diplomacy, conflict, trade policies, and international organizations.

Postwar Prosperity

The economic boom experienced in many countries, especially Western nations, following the end of World War II.

American Mobility

The ability and tendency of Americans to move geographically for better opportunities, reflecting the dynamic nature of the country's labor market and society.

Prosperity Origin

Refers to the sources or causes that lead to a state of wealth, success, or flourishing conditions.