Japan Can Use All of Its Resources to Produce 100

question 406

Essay

Japan can use all of its resources to produce 100 videos or 400 shoes. China can use all of its resources to produce 25 videos or 200 shoes. Which nation has the comparative advantage in shoes and which nation has the comparative advantage in videos?

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Definitions:

Intimidates

To frighten or overawe someone, often to make them do what one wants through fear or the threat of force.

Negative Behaviour

Actions or conduct that are harmful, disruptive, or undesirable within a given context.

Trickle Down

A concept typically used in economics, suggesting that benefits for the wealthy will "trickle down" to everyone else; in other contexts, it can refer to the gradual spread of practices or benefits from higher to lower levels within a hierarchy.

High Self-esteem

A positive evaluation of oneself and confidence in one's abilities and worth.