Which of the following is an example of specialization and division of labor?
A) A farm family building its own tractor.
B) A worker in a Toyota plant welding a rear axle on a Corolla all day,every day.
C) A popular motorcycle manufacturer beginning to produce small automobiles.
D) Workers in a bottling plant rotating positions on the assembly line in order to master the entire process.
E) Managers in a computer factory making sure that every employee can work more than one job.
Correct Answer:
Verified
Q5: What is comparative advantage?
A)The ability of countries
Q6: Given the following exports,which of these is
Q7: All of the following are economic characteristics,or
Q8: Which kind of state is LEAST likely
Q9: All of the following are more likely
Q11: Which of the following statements about trade
Q12: Which of the following would be expected
Q13: What is trade liberalization?
A)Being tolerant of exporting
Q14: Which of the following is a tariff?
A)A
Q15: Why do countries restrict trade?
A)Some influential interest
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