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

question 61

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. Without trade, Japan produced and consumed 50 cars and 6 airplanes and Korea produced and consumed 27 cars and 7 airplanes. Then, each country agreed to specialize in the production of the good in which it has a comparative advantage and trade 28 cars for 8 airplanes. As a result, Japan gained

• A)0 cars and 2 airplanes and Korea gained 1 car and 1 airplane.
• B)2 cars and 2 airplanes and Korea gained 1 car and 1 airplane.
• C)28 cars and 8 airplanes and Korea gained 28 cars and 8 airplanes.
• D)52 cars and 8 airplanes and Korea gained 28 cars and 8 airplanes.

---

Definitions:

Milestones

Key points or events in the development of something or someone, often marking significant progress or stages of achievement.

Sitting Alone

The ability of an infant to maintain an upright sitting position without support, a developmental milestone usually achieved around 6 months of age.

Crawling

A form of locomotion used by infants that involves moving on the hands and knees or hands and feet before the ability to walk has been developed.

Sucking Reflex

An automatic response in which an infant sucks on anything placed in their mouth.