Multiple Choice
Table 2-9
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.If the two countries specialize and trade, who should export sailboats?
A) There is no basis for trade between the two countries.
B) Guatemala
C) Honduras
D) They should both be importing sailboats.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: If a country produces only two goods,
Q7: If opportunity costs are constant, the production
Q8: Figure 2-14<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-14
Q9: Table 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-9
Q10: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-2
Q12: Table 2-2<br>Production choices for Billie's Bedroom Shop<br>
Q13: Table 2-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-6
Q14: "An Inquiry into the Nature and Causes
Q15: The opportunity cost of going to an
Q16: Consider the following items:<br>A.the album "Divide" by