9 One Canoe One Sailboat Guatemala 10 hours 60 hours Honduras 15 hours 75 hours Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras. Refer to Table 2-9. If the two countries specialize and trade, who should export canoes? #90 option A) There is no basis for trade between the two countries. B) Guatemala C) Honduras D) They should both be exporting canoes.
9 One Canoe One Sailboat Guatemala 10 hours 60 hours Honduras 15 hours 75 hours Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras. Refer to Table 2-9. If the two countries specialize and trade, who should export canoes? #90 option A) There is no basis for trade between the two countries. B) Guatemala C) Honduras D) They should both be exporting canoes.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Table 2-9
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
Refer to Table 2-9. If the two countries specialize and trade, who should export canoes?
| | One Canoe | One Sailboat |
| Guatemala | 10 hours | 60 hours |
| Honduras | 15 hours | 75 hours |
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
Refer to Table 2-9. If the two countries specialize and trade, who should export canoes?
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