Table 3-26 Assume That Japan and Korea Can Switch Between Producing Cars

question 216

Multiple Choice

Table 3-26
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
​
-Refer to Table 3-26. Japan 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:

Attitude-Behavior Correspondence

The degree to which an individual's attitude is reflected in their behavior.

Judgment

The ability to make considered decisions or come to sensible conclusions based on a critical assessment of facts and information.

Context

The circumstances or background that surround and give meaning to an event, statement, or idea.

Evaluative Belief

A judgment or assessment about the value or worth of something, based on criteria or standards.