Table 2.12 Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland.
-Refer to Table 2.12.If the two countries specialize and trade, who should export cell phones?

Question

Table 2.12  Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland.
-Refer to Table 2.12.If the two countries specialize and trade, who should export cell phones?

Quizplus · Accepted Answer

Finland should export cell phones if it has a comparative advantage in producing them compared to Estonia.

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