Solved

If Japanese Workers Receive Lower Wages in the Production of Autos

Question 5

Multiple Choice

If Japanese workers receive lower wages in the production of autos than do American workers:


A) Japan will have a comparative advantage in the production of autos
B) Japan will have an absolute advantage in the production of autos
C) Production costs will be lower in Japan than in the U.S.
D) Production costs could be lower in the U.S.if American labor productivity is higher than the Japanese

Correct Answer:

verifed

Verified

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

Related Questions