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Question : 11.RefertoFigure3-24.Bettyhas a.anabsoluteandcomparativeadvantageproducinggoodx. b.anabsolutebutnotacomparativeadvantageproducinggoodx. c.acomparativebutnotanabsoluteadvanta : 1262275

Economics

 

11.RefertoFigure3-24.Bettyhas

a.anabsoluteandcomparativeadvantageproducinggoodx.

b.anabsolutebutnotacomparativeadvantageproducinggoodx.

c.acomparativebutnotanabsoluteadvantageproducinggoodx.

d.neitheracomparativenoranabsoluteadvantageproducinggoodx.

Table3-36

 

 

MinutesNeededtoMake1

 

Towel

Umbrella

Antigua

12

20

Barbuda

15

10

12.RefertoTable3-36.WhatisAntigua’sopportunitycostofonetowel?

a.3/5umbrellas

b.2/3umbrellas

c.3/2umbrellas

d.5/3umbrellas

13.RefertoTable3-36.WhatisAntigua’sopportunitycostofoneumbrella?

a.3/5towels

b.2/3towels

c.3/2towels

d.5/3towels

14.RefertoTable3-36.WhatisBarbuda’sopportunitycostofonetowel?

a.3/5umbrellas

b.2/3umbrellas

c.3/2umbrellas

d.5/3umbrellas

15.RefertoTable3-36.WhatisBarbuda’sopportunitycostofoneumbrella?

a.3/5towels

b.2/3towels

c.3/2towels

d.5/3towels

16.RefertoTable3-36.Antiguahasanabsoluteadvantageintheproductionof

a.towelsandBarbudahasanabsoluteadvantageintheproductionofumbrellas.

b.umbrellasandBarbudahasanabsoluteadvantageintheproductionoftowels.

c.bothgoodsandBarbudahasanabsoluteadvantageintheproductionofneithergood.

d.neithergoodandBarbudahasanabsoluteadvantageintheproductionofbothgoods.

17.RefertoTable3-36.Antiguahasacomparativeadvantageintheproductionof

a.towelsandBarbudahasacomparativeadvantageintheproductionofumbrellas.

b.umbrellasandBarbudahasacomparativeadvantageintheproductionoftowels.

c.bothgoodsandBarbudahasacomparativeadvantageintheproductionofneithergood.

d.neithergoodandBarbudahasacomparativeadvantageintheproductionofbothgoods.

18.RefertoTable3-36.IfAntiguaandBarbudadecidetotradewitheachother,Antiguashouldspecializeintheproductionof

a.towelsandBarbudashouldspecializeintheproductionofumbrellas.

b.umbrellasandBarbudashouldspecializeintheproductionoftowels.

c.bothgoodsandBarbudashouldspecializeintheproductionofneithergood.

d.neithergoodandBarbudashouldspecializeintheproductionofbothgoods.

19.RefertoTable3-36.AssumethatAntiguaandBarbudaeachhas60minutesavailable.Ifeachislandspendsallitstimeproducingthegoodinwhichithasacomparativeadvantage,thentotalproductionis

a.4towelsand3umbrellas.

b.5towelsand6umbrellas.

c.8towelsand10umbrellas.

d.9towelsand9umbrellas.

Multiple Choice – Section 03: Applications of Comparative Advantage

1.Bydefinition,importsare

a.peoplewhoworkinforeigncountries.

b.goodsinwhichacountryhasanabsoluteadvantage.

c.limitsplacedonthequantityofgoodsleavingacountry.

d.goodsproducedabroadandsolddomestically.

2.Bydefinition,exportsare

a.limitsplacedonthequantityofgoodsbroughtintoacountry.

b.goodsinwhichacountryhasanabsoluteadvantage.

c.peoplewhoworkinforeigncountries.

d.goodsproduceddomesticallyandsoldabroad.

3.Goodsproducedabroadandsolddomesticallyarecalled

a.exports.

b.imports.

c.exchangerates.

d.opportunitycosts.

4.Tradebetweencountries

a.allowseachcountrytoconsumeatapointoutsideitsproductionpossibilitiesfrontier.

b.limitsacountry’sabilitytoproducegoodsandservicesonitsown.

c.mustbenefitbothcountriesequally;otherwise,tradeisnotmutuallybeneficial.

d.canbestbeunderstoodbyexaminingthecountries’absoluteadvantages.

5.Whenacountryhasacomparativeadvantageinproducingacertaingood,

a.thecountryshouldimportthatgood.

b.thecountryshouldproducejustenoughofthatgoodforitsownconsumption.

c.thecountry’sopportunitycostofthatgoodishighrelativetoothercountries’opportunitycostsofthatsamegood.

d.Noneoftheaboveiscorrect.

6.Whichofthefollowingwouldnotresultfromallcountriesspecializingaccordingtotheprincipleofcomparativeadvantage?

a.Thesizeoftheeconomicpiewouldincrease.

b.Worldwideproductionofgoodsandserviceswouldincrease.

c.Thewell-beingofcitizensineachcountrywouldbeenhanced.

d.Eachcountry’sproductionpossibilitiesfrontierwouldshiftinward.

7.Acountrythatcurrentlydoesnottradewithothercountriescouldbenefitby

a.restrictingimportsandpromotingexports.

b.promotingimportsandrestrictingexports.

c.restrictingbothimportsandexports.

d.notrestrictingtrade.

8.SupposetheUnitedStateshasacomparativeadvantageoverMexicoinproducingpork.Theprincipleofcomparativeadvantageassertsthat

a.theUnitedStatesshouldproducemoreporkthanwhatitrequiresandexportsomeofittoMexico.

b.theUnitedStatesshouldproduceamoderatequantityofporkandimporttheremainderofwhatitrequiresfromMexico.

c.theUnitedStatesshouldrefrainaltogetherfromproducingporkandimportallofwhatitrequiresfromMexico.

d.MexicohasnothingtogainfromimportingUnitedStatespork.

9.Belarushasacomparativeadvantageintheproductionoflinen,butRussiahasanabsoluteadvantageintheproduction of linen.Ifthesetwocountriesdecidetotrade,

a.BelarusshouldexportlinentoRussia.

b.RussiashouldexportlinentoBelarus.

c.tradinglinenwouldprovidenonetadvantagetoeithercountry.

d.Withoutadditionalinformationaboutopportunitycosts,thisquestioncannotbeanswered.

10.SupposethataworkerinBoatlandcanproduceeither5unitsofwheator25unitsoffishperyear,andaworkerinFarmlandcanproduceeither25unitsofwheator5unitsoffishperyear.Thereare10workersineachcountry.PoliticalpressurefromthefishlobbyinFarmlandandfromthewheatlobbyinBoatlandhaspreventedtradebetweenthetwocountriesonthegroundsthatcheapimportswouldkillthefishindustryinFarmlandandthewheatindustry in Boatland.Asaresult,Boatlandproducesandconsumes25unitsofwheatand125unitsoffishperyearwhileFarmlandproducesandconsumes125unitsofwheatand25unitsoffishperyear.Ifthepoliticalpressurewereovercomeandtradeweretooccur,eachcountrywouldcompletelyspecializeintheproductinwhichithasacomparativeadvantage.Iftradeweretooccur,thecombinedoutputofthetwocountrieswouldincreaseby

a.25unitsofwheatand25unitsoffish.

b.50unitsofwheatand50unitsoffish.

c.75unitsofwheatand75unitsoffish.

d.100unitsofwheatand100unitsoffish.

11.SupposethataworkerinBoatlandcanproduceeither5unitsofwheator25unitsoffishperyear,andaworkerinFarmlandcanproduceeither25unitsofwheator5unitsoffishperyear.Thereare30workersineachcountry.Notradeoccursbetweenthetwocountries.Boatlandproducesandconsumes75unitsofwheatand375unitsoffishperyearwhileFarmlandproducesandconsumes375unitsofwheatand75unitsoffishperyear.Iftradeweretooccur,Boatlandwouldtrade90unitsoffishtoFarmlandinexchangefor80unitsofwheat.IfBoatlandnowcompletelyspecializesinfishproduction,howmanyunitsoffishcoulditnowconsumealongwiththe80unitsofimportedwheat?

a.490units

b.500units

c.610units

d.660units

12.InwhichofthefollowingcasesshouldtheUnitedStatesproducemorenoodlesthanitwantsforitsownuseandtradesomeofthosenoodlestoItalyinexchangeforwine?

a.AmericansknowlessthanItaliansknowaboutcookingnoodles.

b.TheUnitedStateshasanabsoluteadvantageoverItalyinproducingnoodles.

c.ItalyhasacomparativeadvantageovertheUnitedStatesinproducingwine.

d.TheopportunitycostofproducingagallonofwineisthesameforItalyasitisfortheUnitedStates.

13.SupposetheU.S.andJapancanbothproduceairplanesandtelevisionsandtheU.S.hasacomparativeadvantageintheproductionofairplaneswhileJapanhasacomparativeadvantageintheproductionoftelevisions.AlsosupposetheU.S.hasanabsoluteadvantageintheproductionofbothairplanesandtelevisions.TheU.S.should

a.nottradeairplanesortelevisionswithJapan.

b.importairplanesfromJapanandexporttelevisionstoJapan.

c.exportairplanestoJapanandimporttelevisionsfromJapan.

d.exportbothairplanesandtelevisionstoJapan.

14.SupposetheU.S.andJapanbothproduceairplanesandtelevisionsandtheU.S.hasacomparativeadvantageintheproductionofairplaneswhileJapanhasacomparativeadvantageintheproductionoftelevisions.IftheU.S.exportsairplanestoJapanandimportstelevisionsfromJapan,

a.bothcountries,asawhole,willbebetteroff.

b.allindividualsinbothcountrieswillbebetteroff.

c.bothcountries,asawhole,willbeworseoff.

d.allindividualsinbothcountrieswillbeworseoff.

15.TomBradyshouldpaysomeoneelsetomowhislawninsteadofmowingithimself,unless

a.Bradyhasanabsoluteadvantageovereveryoneelseinmowinghislawn.

b.Bradyhasacomparativeadvantageovereveryoneelseinmowinghislawn.

c.Brady’sopportunitycostofmowinghislawnishigherthanitisforeveryoneelse.

d.Alloftheabovearecorrect.

16.TomBradyshouldprobablynotmowhisownlawnbecause

a.hisopportunitycostofmowinghislawnishigherthanthecostofpayingsomeonetomowitforhim.

b.hehasacomparativeadvantageinmowinghislawnrelativetoalandscapingservice.

c.hehasanabsoluteadvantageinmowinghislawnrelativetoalandscapingservice.

d.hemightsprainhisankle.

17.Whentwocountriestradewithoneanother,itismostlikelybecause

a.thewealthypeopleineachofthetwocountriesareabletobenefit,throughtrade,bytakingadvantageofotherpeoplewhoarepoor.

b.somepeopleinvolvedinthetradedonotunderstandthatoneofthetwocountrieswillbecomeworse-offbecauseofthetrade.

c.theopportunitycostsofproducingvariousgoodsareidenticalforthetwocountries.

d.thetwocountrieswishtotakeadvantageoftheprincipleofcomparativeadvantage.

 

 

 

 

 

 

 

 

 

 

 

18.RefertoTable3-37.Arubashouldexport

a.coolersandimportradios.

b.radiosandimportcoolers.

c.bothgoodsandimportneithergood.

d.neithergoodandimportbothgoods.

19.RefertoTable3-37.Icelandshouldexport

a.coolersandimportradios.

b.radiosandimportcoolers.

c.bothgoodsandimportneithergood.

d.neithergoodandimportbothgoods.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20.RefertoTable3-38.Englandshouldexport

a.cheeseandimportbread.

b.breadandimportcheese.

c.bothgoodsandimportneithergood.

d.neithergoodandimportbothgoods.

 

 

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2500-word minimum research paper in full APA format.

This paper is a review of the professional literature on your topic. As such, most of the paper will be

information you have researched, and this information should be properly cited.

The paper and project must be your own work. Plagiarism will not be tolerated in any format. This paper

should not contain any personal opinion or any personal forms such as “I” or “you” or “we” other than in the Conclusion. There should be no personal experiences or those of friends or co-workers. The only personal communication allowed is from experts, which must be cited properly (see APA Manual). Keep in mind your assignment is to research the topic you have chosen from the approved list and address that topic specifically. You should write about the specific topic, not a portion of the topic or a wider general history. For example, if you write about any of the Katrina topics, you do not need to present pages of information about the storm itself; rather, your goal is to address the topic as it relates to Katrina.  Your paper must have a minimum of five outside scholarly and/or professional sources other than your textbook. Scholarly sources are journal articles from actual journals, not journal-looking articles from websites. Scholarly sources are also professional textbooks or scholarly books, not popular books. Professional sources are local, state, and federal government sites. You may use other sources as additional sources. If you use websites, be sure they are professional and credible. Do not use websites that are advocacy groups, businesses, or forums. Newspapers, magazines, and news media are popular sources and do not count towards your outside source requirement; however, they can be used as additional sources. If a site has information that is useful but is not as solid as required, see if you can find the information at a more reputable site. If not, then the information may be questionable. Quoted material should not exceed 25% of your paper. Most of your paper should be cited information. Quotes are direct verbatim and must be cited immediately . All factual statements and others’ work must be cited. That should be most of the paper as you are not using your own opinion.

 

 

Research Topics:

 

1. The History of Psychological Trauma

 

2. Disconnection and Trauma

 

3. The Impact of Trauma to 9/11 Emergency Personnel

 

4. PTSD

 

5. The Stigma of Mental Health Services and Emergency Personnel

 

6. Police Suicide

 

7. Police Psychology

 

8. Critical Incident Stress Debriefing

 

9. The Psychology of Terrorism

 

10. The Aftermath of Columbine

 

11. The Cause of the Oklahoma City Bombing

 

12. Domestic Terrorism

 

13. The Causes of Columbine

 

14. Peer Support Groups

 

15. Treatment Modalities for Emergency Services Personnel

 

16. The Physiology of Trauma

 

17. Psychological Trauma and the Holocaust

 

18. Survivor Guilt

 

19. Trauma and Hurricane Katrina

 

20. The Impact of Katrina on Emergency Services Personnel

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July 1, 2023
    

2500-word minimum research paper in full APA format.

This paper is a review of the professional literature on your topic. As such, most of the paper will be

information you have researched, and this information should be properly cited.

The paper and project must be your own work. Plagiarism will not be tolerated in any format. This paper

should not contain any personal opinion or any personal forms such as “I” or “you” or “we” other than in the Conclusion. There should be no personal experiences or those of friends or co-workers. The only personal communication allowed is from experts, which must be cited properly (see APA Manual). Keep in mind your assignment is to research the topic you have chosen from the approved list and address that topic specifically. You should write about the specific topic, not a portion of the topic or a wider general history. For example, if you write about any of the Katrina topics, you do not need to present pages of information about the storm itself; rather, your goal is to address the topic as it relates to Katrina.  Your paper must have a minimum of five outside scholarly and/or professional sources other than your textbook. Scholarly sources are journal articles from actual journals, not journal-looking articles from websites. Scholarly sources are also professional textbooks or scholarly books, not popular books. Professional sources are local, state, and federal government sites. You may use other sources as additional sources. If you use websites, be sure they are professional and credible. Do not use websites that are advocacy groups, businesses, or forums. Newspapers, magazines, and news media are popular sources and do not count towards your outside source requirement; however, they can be used as additional sources. If a site has information that is useful but is not as solid as required, see if you can find the information at a more reputable site. If not, then the information may be questionable. Quoted material should not exceed 25% of your paper. Most of your paper should be cited information. Quotes are direct verbatim and must be cited immediately . All factual statements and others’ work must be cited. That should be most of the paper as you are not using your own opinion.

 

 

Research Topics:

 

1. The History of Psychological Trauma

 

2. Disconnection and Trauma

 

3. The Impact of Trauma to 9/11 Emergency Personnel

 

4. PTSD

 

5. The Stigma of Mental Health Services and Emergency Personnel

 

6. Police Suicide

 

7. Police Psychology

 

8. Critical Incident Stress Debriefing

 

9. The Psychology of Terrorism

 

10. The Aftermath of Columbine

 

11. The Cause of the Oklahoma City Bombing

 

12. Domestic Terrorism

 

13. The Causes of Columbine

 

14. Peer Support Groups

 

15. Treatment Modalities for Emergency Services Personnel

 

16. The Physiology of Trauma

 

17. Psychological Trauma and the Holocaust

 

18. Survivor Guilt

 

19. Trauma and Hurricane Katrina

 

20. The Impact of Katrina on Emergency Services Personnel

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July 1, 2023
    

2500-word minimum research paper in full APA format.

This paper is a review of the professional literature on your topic. As such, most of the paper will be

information you have researched, and this information should be properly cited.

The paper and project must be your own work. Plagiarism will not be tolerated in any format. This paper

should not contain any personal opinion or any personal forms such as “I” or “you” or “we” other than in the Conclusion. There should be no personal experiences or those of friends or co-workers. The only personal communication allowed is from experts, which must be cited properly (see APA Manual). Keep in mind your assignment is to research the topic you have chosen from the approved list and address that topic specifically. You should write about the specific topic, not a portion of the topic or a wider general history. For example, if you write about any of the Katrina topics, you do not need to present pages of information about the storm itself; rather, your goal is to address the topic as it relates to Katrina.  Your paper must have a minimum of five outside scholarly and/or professional sources other than your textbook. Scholarly sources are journal articles from actual journals, not journal-looking articles from websites. Scholarly sources are also professional textbooks or scholarly books, not popular books. Professional sources are local, state, and federal government sites. You may use other sources as additional sources. If you use websites, be sure they are professional and credible. Do not use websites that are advocacy groups, businesses, or forums. Newspapers, magazines, and news media are popular sources and do not count towards your outside source requirement; however, they can be used as additional sources. If a site has information that is useful but is not as solid as required, see if you can find the information at a more reputable site. If not, then the information may be questionable. Quoted material should not exceed 25% of your paper. Most of your paper should be cited information. Quotes are direct verbatim and must be cited immediately . All factual statements and others’ work must be cited. That should be most of the paper as you are not using your own opinion.

 

 

Research Topics:

 

1. The History of Psychological Trauma

 

2. Disconnection and Trauma

 

3. The Impact of Trauma to 9/11 Emergency Personnel

 

4. PTSD

 

5. The Stigma of Mental Health Services and Emergency Personnel

 

6. Police Suicide

 

7. Police Psychology

 

8. Critical Incident Stress Debriefing

 

9. The Psychology of Terrorism

 

10. The Aftermath of Columbine

 

11. The Cause of the Oklahoma City Bombing

 

12. Domestic Terrorism

 

13. The Causes of Columbine

 

14. Peer Support Groups

 

15. Treatment Modalities for Emergency Services Personnel

 

16. The Physiology of Trauma

 

17. Psychological Trauma and the Holocaust

 

18. Survivor Guilt

 

19. Trauma and Hurricane Katrina

 

20. The Impact of Katrina on Emergency Services Personnel

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  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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