Mexico and Japan The Following Questions Refer to the Following Table Which Shows

Mexico and Japan

The following questions refer to the following table which shows the abilities of Mexico and Japan to produce food and cloth. Food and cloth are the only two commodities in the world and their production requires only labor. The amounts of labor required to produce one unit of each of these commodities in the two countries are shown in the table below.

-Refer to Mexico and Japan.Can trade in food and cloth benefit Mexico and Japan?

A) It cannot benefit Japan,because Japan cannot successfully compete with Mexico.
B) It cannot benefit Mexico,because Japan is too small to be an effective trading partner.
C) It can benefit both only if the people in Mexico and Japan have different tastes.
D) It can benefit both if Mexico specializes in food and Japan specializes in cloth.