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Other Fields Homework Help Economics Topic started by: chomtong on Jun 27, 2017



Title: The United States imports televisions from Japan and Japan imports computer chips from the United ...
Post by: chomtong on Jun 27, 2017
The United States imports televisions from Japan and Japan imports computer chips from the United States. If the theory of comparative advantage guides trade between the two countries, it must be true that
A) the opportunity cost of producing televisions in Japan is higher than that in the United States.
B) the opportunity cost of producing computer chips in the United States is higher than that in Japan.
C) the United States has comparative advantage in producing televisions.
D) the United States has comparative advantage in producing computer chips.


Title: Re: The United States imports televisions from Japan and Japan imports computer chips from the ...
Post by: goldlilys on Jun 27, 2017
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