Table 2-16 Table 2-16 Shows the Number of Labor Hours

question 469

Multiple Choice

Table 2-16
Table 2-16 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-16. If the two countries specialize and trade, who should export lumber?

• A) There is no basis for trade between the two countries.
• B) Estonia
• C) Finland
• D) They should both be exporting lumber.

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