Multiple Choice
Table 3-5
-Refer to Table 3-5. Which of the following is correct?
A) Canada has a comparative advantage in airplanes and Japan has a comparative advantage in airplanes.
B) Canada has a comparative advantage in cars and Japan has a comparative advantage in airplanes.
C) Canada has a comparative advantage in airplanes and Japan has a comparative advantage in cars.
D) Canada has a comparative advantage in neither good and Japan has a comparative advantage in cars.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Figure 3-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-6
Q9: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q10: Table 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-2
Q12: If labour in Mexico is less productive
Q14: Using all available resources, if a farmer
Q15: Figure 3-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-1
Q16: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-2
Q17: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q18: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-2
Q174: Figure 3-6<br>These figures illustrate the production possibilities