The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative B and for the United States is alternative U. China Production of Possibilities
Product A B C D E F
Apparel 120,000 96,000 72,000 48,000 24,000 0
Chemicals (in Tons) 0 24 48 72 96 120

U. S. Production of Possibilities
Product R S T U V W
Apparel 40,000 32,000 24,000 16,000 8,000 0
Chemicals (in Tons) 0 16 32 48 64 80

Requried:
a. Are comparative-cost conditions such that the two areas should specialize?
b. What is the total gain in apparel and chemical output that would result from such specialization?
c. What are the limits of the terms of trade?

1. The most China will trade (give up) isunit(s) of apparel for 1 ton of chemicals.
2. The most the United States will trade (give up) is ton(s) of chemicals for 1,000 units of apparel.
3. This implies the following range, or limits, of the terms of trade:

i. 1,000 units of apparel for ton(s) of chemicals (from China's position)
ii. 1,000 units of apparel for ton(s) of chemicals (from the U. S. position)

How does hipaa address employee’s access to e-phi?

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.