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    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 3: Interdependence and the Gains From Trade
  5. Question
    -Refer to Table 3-5
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-Refer to Table 3-5

Question 123

Question 123

Multiple Choice

  -Refer to Table 3-5. If Japan and Canada open up trade based on the principle of comparative advantage, who loses in the short term in Japan? A)  consumers B)  workers in airplane-producing companies C)  workers in car-producing companies D)  owners of car-producing companies
-Refer to Table 3-5. If Japan and Canada open up trade based on the principle of comparative advantage, who loses in the short term in Japan?


A) consumers
B) workers in airplane-producing companies
C) workers in car-producing companies
D) owners of car-producing companies

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