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NYC NYC
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8 years ago
Thailand has a comparative advantage in rice and an absolute advantage in cell phones. Indonesia has a comparative advantage in cell phones and an absolute advantage in rice. According to this scenario:
A) Indonesia should export both cell phones and rice.
B) Thailand should import both cell phones and rice.
C) Indonesia should export rice and import cell phones.
D) Thailand should export rice and import cell phones.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
mml
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3 years ago
thank you
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