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    Economics Study Set 9
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-14 Table 2-14 Shows the Number of Labor Hours
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Table 2-14 Table 2-14 Shows the Number of Labor Hours

Question 375

Question 375

Multiple Choice

Table 2-14
Table 2-14    Table 2-14 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland. -Refer to Table 2-14. If the two countries specialize and trade, who should export motorcycles? A)  There is no basis for trade between the two countries. B)  Ireland C)  Scotland D)  They should both be importing motorcycles. Table 2-14 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2-14. If the two countries specialize and trade, who should export motorcycles?


A) There is no basis for trade between the two countries.
B) Ireland
C) Scotland
D) They should both be importing motorcycles.

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