menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 3: Interdependence and the Gains From Trade
  5. Question
    -Refer to Table 3-5
Solved

-Refer to Table 3-5

Question 189

Question 189

Multiple Choice

  -Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, what could Japan gain from importing an airplane? A)  a maximum of 1/3 car B)  a maximum of 3 cars C)  a maximum of 4 cars D)  a maximum of 6 cars
-Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, what could Japan gain from importing an airplane?


A) a maximum of 1/3 car
B) a maximum of 3 cars
C) a maximum of 4 cars
D) a maximum of 6 cars

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q184: Explain the difference between absolute advantage and

Q185: Figure 3-6<br>These figures illustrate the production possibilities

Q186: For two people who are planning to

Q187: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table

Q188: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-2

Q190: Suppose that a worker in Radioland can

Q191: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table

Q192: Figure 3-5<br>These graphs illustrate the production possibilities

Q193: Suppose a producer requires a smaller quantity

Q194: Why does total output in an economy

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines