Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

question 158

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Korea has an absolute advantage in the production of

• A) cars and a comparative advantage in the production of cars.
• B) cars and a comparative advantage in the production of airplanes.
• C) neither good and a comparative advantage in the production of cars.
• D) neither good and a comparative advantage in the production of airplanes.

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Definitions:

Macro Dialog Box

A graphical interface element that allows users to create, edit, and manage macros—automated sequences of commands or actions—in software applications.

Developer Dialog Box

A user interface element in software development tools that allows developers to input or configure settings and options.

Visual Basic

A programming language and environment developed by Microsoft for building applications in a relatively easy-to-use graphical development setting.

Option Button

A graphical user interface element that allows the user to make a single choice among a group of options, also known as a radio button.