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 canoes?
A) There is no basis for trade between the two countries.
B) Guatemala
C) Honduras
D) They should both be exporting canoes.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: If additional units of a good could
Q5: Table 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-10
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
Q10: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-2
Q11: Table 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-9
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