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Table 3-39 Assume That Japan and Korea Can Switch Between Producing Cars

Question 460

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Table 3-39
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

Table 3-39 Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate. ​ ​   ​ -Refer to Table 3-39. Japan should specialize in the production of A) cars and import airplanes. B) airplanes and import cars. C) both goods and import neither good. D) neither good and import both goods.
-Refer to Table 3-39. Japan should specialize in the production of


A) cars and import airplanes.
B) airplanes and import cars.
C) both goods and import neither good.
D) neither good and import both goods.

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