Table 2-9
Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-9.Japan has a comparative advantage in the production of
A)rice.
B)wristwatches.
C)both products.
D)neither product.

Question

Table 2-9
  Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-9.Japan has a comparative advantage in the production of
A)rice. 
B)wristwatches. 
C)both products. 
D)neither product.

Quizplus · Accepted Answer

Japan has a lower opportunity cost of producing rice than wristwatches.

Table 2-9 Table 2-9 Shows the Number of Labor Hours