The example demonstrating how corn can be "turned into" cars illustrates how trade can be viewed as:

Question

Quizplus · Accepted Answer

This example illustrates the concept of comparative advantage and how trade allows countries to specialize in the production of goods they can produce most efficiently (in this case, corn) and then trade those goods for other goods they need but are less efficient at producing (like cars). This is seen as an alternative technology for producing goods because it effectively allows a country to produce goods it does not actually manufacture by trading what it can produce for what it needs.

The Example Demonstrating How Corn Can Be "Turned Into" Cars