Which of the following best describes the comparative advantage of the two countries illustrated in Figure 35.1?
A) Japan has a comparative advantage in both goods.
B) Japan has a comparative advantage in DVD players, the United States in motorcycles.
C) Japan has a comparative advantage in motorcycles, the United States in DVD players.
D) The United States has a comparative advantage in both goods.
Correct Answer:
Verified
Q42: Q42: Suppose China can produce either 300 telephones Q45: Assume South Korea and Vietnam have the Q48: Suppose China can produce 200 TVs or Q52: Assume the United States and Australia have![]()
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