Question
After reading and reviewing Chapter 20 and watching the video Globalization and Trade and Poverty: Crash Course Economics #16 , answer one of the following
After reading and reviewing Chapter 20 and watching the video "Globalization and Trade and Poverty: Crash Course Economics #16" , answer one of the following discussion questions. Make sure to include relevant points to your answer.
You just got a job in a new city. You move into an apartment with some acquaintances. All your roommates, however, are slackers and do not clean up after themselves. You, on the other hand, can clean faster than each of them. You determine that you are 70% faster at dishes and 10% faster with vacuuming. All of these tasks have to be done daily. Which jobs should you assign to your roommates to get the most free time overall? Assume you have the same number of hours to devote to cleaning. Now, since you are faster, you seem to get done quicker than your roommate. What sorts of problems may this create? Can you imagine a trade related analogy to this problem?
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