Multiple Choice
If Japan were regarded as the best electronics manufacturer in the world, what would be true?
A) Japan would have a comparative advantage in electronics manufacturing.
B) Japan would have a positive balance of trade.
C) The United States would have a comparative advantage in electronics.
D) Japan would have an absolute advantage in electronics production.
E) Japan would have a trade deficit with the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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