South Korea can produce shoes, clothes, TV sets, and computers cheaper than any other country. What would one expect South Korea to export?
A) all of these goods
B) none of these goods
C) some of these and other goods
D) some of these but no other goods

Question

Quizplus · Accepted Answer

It is likely that South Korea will export some of these goods (shoes, clothes, TV sets, and computers) due to their comparative advantage in producing them at lower costs. However, they may also export other goods that they have a comparative advantage in, resulting in a mix of exports.

South Korea Can Produce Shoes, Clothes, TV Sets, and Computers