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Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

Question 263

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
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.Japan has an absolute advantage in the production of A) cars and a comparative advantage in the production of cars. B) cars and a comparative advantage in the production of airplanes. C) neither good and a comparative advantage in the production of cars. D) neither good and a comparative advantage in the production of airplanes.
-Refer to Table 3-7.Japan has an absolute advantage in the production of


A) cars and a comparative advantage in the production of cars.
B) cars and a comparative advantage in the production of airplanes.
C) neither good and a comparative advantage in the production of cars.
D) neither good and a comparative advantage in the production of airplanes.

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