Multiple Choice
The following data outline production choices (A or B) in two nations, Latalia and Trombonia. Latalia has a workforce of 14 and Trombonia has a workforce of 10.
-In Latalia,the opportunity cost of 1 ton of pork is:
A) 3 tons of beans
B) 1/4 of a ton of beans
C) 4 tons of beans
D) 1/5 of a ton of beans
E) 5 tons of beans
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Trade based upon comparative advantage is economically
Q5: Ceteris paribus,a tariff is:<br>A)superior to an import
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2615/.jpg" alt=" -If this economy
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2615/.jpg" alt=" -The size of
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2615/.jpg" alt=" -Given free trade,that
Q10: The following are domestic supply and
Q11: In effect,tariffs on imports are:<br>A)special taxes on
Q12: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2615/.jpg" alt=" -When compared with
Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2615/.jpg" alt=" -A tariff of
Q14: Which of the following statements concerning the