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Tidy Tidy
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Posts: 4852
8 years ago
Assume that China has a comparative advantage in producing corn and exports corn to Japan. We can conclude that
A) China also has an absolute advantage in producing corn relative to Japan.
B) China has a lower opportunity cost of producing corn relative to Japan.
C) Japan has an absolute disadvantage in producing corn relative to China.
D) Labor costs are higher for corn producers in Japan than in China.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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8 years ago
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Tidy Author
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8 years ago
Correct Slight Smile TY
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
This helped my grade so much Perfect
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