Country X can cut, prepare, and export lumber using fewer worker hours than Country Y. Country Y can produce lumber but produces
cars more efficiently than it produces lumber. It also produces cars more efficiently than Country X. Which of these statements is accurate? A. Country X will import Country Y's lumber due to absolute advantageB. Country X will import Country Y's lumber due to comparative advantageC.Country Y will import Country X's lumber due to comparative advantageD. Country Y will import Country Y's lumber due to absolute advantage
C. Country Y will import Country X's lumber due to comparative advantage
Explanation:
In economics, comparative advantage may be defined as the ability of a person or any organisation to perform an economic activity or produce a certain product more effectively and efficiently than other activity or product. The person or organisation who has a comparative advantage in a particular product will consume less and will produce more of the product for having an comparative advantage for that produce.
Thus in the context, Country X produce lumber more efficiently that Country Y. Country X have a comparative advantage for lumber produce than Country Y. So, due to Country Y will import lumber from Country X because Country X has a comparative advantage in the production of lumber.
AUTEUR, the French translation for author is also used to denote an artist. The term describes directors and filmmakers who are responsible for controlling many aspects of a creative work. An Auteur possesses a single vision and consistent individual style that makes his work unique.
Islands are surrounded by water on all the four sides whereas peninsulas are surrounded by water on three sides.. Islands are of two types continental or oceanic whereas peninsulas can only be continental. Islands can be found in groups whereas peninsulas are always single.
