Question

1. how do literacy rates for men and women compare in most of the countries represented on this chart?

a. it costs more for a country to educate women.
b. the chart shows that most women do not want to go to school.
c. there is very little difference in the literacy rates for men and women.
d. in nearly all the countries, women have a lower literacy rate than men.

1. why is specialization so valuable in international trade today?

a. most countries only make one product very well.
b. specialization limits the amount of agriculture a country allows.
c. specialization keeps the prices low on goods that are imported into a country.
d. specialization allows people to do a more efficient job at producing what they make best and trade for the things they need.

1. why is a system of currency exchange necessary for international trade?

a. nearly all world currencies are really worthless on the world market.
b. those buying goods on the world market want to be paid in gold and silver.
c. most goods bought on the international market must be paid for in us dollars.
d. there must be a way to pay for goods purchased from countries with different types of currencies.

Explanation:

• Question 6:
• Option a is about cost, not literacy rate comparison.
• Option b assumes women's choice without data.
• Option c is contrary to general global trends (though some regions may have small differences, overall women have lower rates in many countries).
• Option d aligns with the fact that in many countries (especially developing ones historically and still in some regions), women have faced more barriers to education, leading to lower literacy rates.
• Question 7:
• Option a is an over - simplification (countries can specialize in multiple products).
• Option b is incorrect as specialization is not about limiting agriculture.
• Option c is not the main reason (specialization's value is more about efficiency in production).
• Option d correctly states that specialization allows for efficient production (due to focus on comparative advantage) and trade for other needs.
• Question 8:
• Option a is false (many currencies have value).
• Option b is not a general reason (not all transactions want gold/silver).
• Option c is too narrow (not all international trade is in US dollars).
• Option d is correct as different countries have different currencies, and a system is needed for exchange to facilitate trade.

Answer:

1. d. In nearly all the countries, women have a lower literacy rate than men.
2. d. Specialization allows people to do a more efficient job at producing what they make best and trade for the things they need.
3. d. There must be a way to pay for goods purchased from countries with different types of currencies.