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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-5 Table 2-5 Shows the Number of Labor Hours
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Table 2-5 Table 2-5 Shows the Number of Labor Hours

Question 188

Question 188

Multiple Choice

Table 2-5
Table 2-5    Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-5.If the two countries specialize and trade,who should export lumber? A) There is no basis for trade between the two countries. B) Estonia C) Finland D) They should both be exporting lumber. Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-5.If the two countries specialize and trade,who should export lumber?


A) There is no basis for trade between the two countries.
B) Estonia
C) Finland
D) They should both be exporting lumber.

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