Multiple Choice
Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
-Refer to Table 3-7.Korea 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.
Correct Answer:

Verified
Correct Answer:
Verified
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