Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

question 207

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Japan and Korea would not be able to gain from trade if Korea's opportunity cost of one car changed to

• A) 1/5 airplane.
• B) 1/3 airplane.
• C) 3 airplanes.
• D) 5 airplanes.