Table 2-11 Table 2-11 Shows the Number of Labor Hours

question 299

Multiple Choice

Table 2-11
Table 2-11 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-11. If the two countries specialize and trade, who should export wheat?

• A) There is no basis for trade between the two countries.
• B) China
• C) South Korea
• D) They should both be exporting wheat.

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Definitions:

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