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    Principles of Macroeconomics Study Set 3
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    Exam 3: Interdependence and the Gains From Trade
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    Table 3-5 -Refer to Table 3-5. If Canada and Japan Trade Based
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Table 3-5 -Refer to Table 3-5. If Canada and Japan Trade Based

Question 100

Question 100

Multiple Choice

Table 3-5
Table 3-5    -Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, what product will Japan export to Canada? A) Cars B) both airplanes and cars C) Airplanes D) Japan should buy both products from Canada.
-Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, what product will Japan export to Canada?


A) Cars
B) both airplanes and cars
C) Airplanes
D) Japan should buy both products from Canada.

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