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    Macroeconomics Study Set 13
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    Exam 2: Trade-Offs, comparative Advantage, and the Market System
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    Table 2-4 Table 2-4 Shows the Number of Labor Hours Required to of Labor
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Table 2-4 Table 2-4 Shows the Number of Labor Hours Required to of Labor

Question 8

Question 8

Multiple Choice

Table 2-4
Table 2-4     Table 2-4 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea. -Refer to Table 2-4.South Korea has a comparative advantage in the production of A)  wheat. B)  digital cameras. C)  both products. D)  neither product.
Table 2-4 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-4.South Korea has a comparative advantage in the production of


A) wheat.
B) digital cameras.
C) both products.
D) neither product.

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