The Following Table Indicates the Production Possibilities of Food and Clothing

question 71

Multiple Choice

The following table indicates the production possibilities of food and clothing per worker day in the United States and South Korea.

Which of the following is true?

• A)Mutual gains could be realized if the United States specialized in producing food and South Korea in producing clothing.
• B)Mutual gains could be realized if the United States specialized in clothing production and South Korea in food production.
• C)South Korean workers are the high-cost producers of clothing.
• D)None of the above are true.

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