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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-20 Table 2-20 Shows the Number of Labor Hours
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Table 2-20 Table 2-20 Shows the Number of Labor Hours

Question 18

Question 18

Multiple Choice

Table 2-20
Table 2-20    Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand. -Refer to Table 2-20. Japan has a comparative advantage in the production of A)  rice. B)  wristwatches. C)  both products. D)  neither product. Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. Japan has a comparative advantage in the production of


A) rice.
B) wristwatches.
C) both products.
D) neither product.

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