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Table 2-20 Table 2-20 Shows the Number of Labor Hours

Question 331

Multiple Choice

Table 2-20
Table 2-20 Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand. -Refer to Table 2-20. If the two countries specialize and trade, who should export rice? A) There is no basis for trade between the two countries. B) Japan C) Thailand D) They should both be exporting rice. Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. If the two countries specialize and trade, who should export rice?


A) There is no basis for trade between the two countries.
B) Japan
C) Thailand
D) They should both be exporting rice.

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