Refer to Table 20.1. The income tax in Oceania is

Taiwan and Jamaica are both islands that have pursued export-oriented development strategies, but Jamaica has experienced increases in unemployment and poverty, while Taiwan has experienced decreases. How might you explain this?

What will be an ideal response?

According to economic analysis, while making a decision, an individual compares the benefits expected from one option with the benefits expected from other options

a. True b. False Indicate whether the statement is true or false