Table 2-11
Table 2-11 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-11. South Korea has a comparative advantage in the production of
A) wheat.
B) digital cameras.
C) both products.
D) neither product.

Question

Table 2-11
  Table 2-11 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-11. South Korea has a comparative advantage in the production of
A) wheat. 
B) digital cameras. 
C) both products. 
D) neither product.

Quizplus · Accepted Answer

South Korea has a comparative advantage in digital cameras if it can produce them at a lower opportunity cost than wheat compared to other countries.

Table 2-11 Table 2-11 Shows the Number of Labor Hours