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Table. Sales per employee for the apparel and textile industries in the United States and China, as well as bushels per worker in producing wheat Apparel Textile Wheat Wheat/Apparel Ratio Wheat United States Sales/Employee Wheat /Apparel Ratio $56,000 Comparative Advantage $165,000 Bushels/Worker 12, 260 0.22 (-12260/56000) 12, 260 Comparative Advantage 0.22 (-12260/56000) Wheat/Textile Ratio 0.07 (-12260/165000) Source: Feenstra and Taylor (2015). Given the information in this table, a worker in the U.S. China Sales/Employee $23,000 $27,000 Bushels/Worker 300 0.01 (300/23000) 300 0.01 (300/23000) 0.01 (-300/27000) O a worker in the U.S. is 6.1 times more productive in textile production than a worker in Chinal O a worker in the U.S. is 6.1 times less productive in textile production than a worker in China O Workers in textile industry have the same productivity O a worker in the U.S. is 2.4 times more productive in textile production than a worker in China both countries

Table. Sales per employee for the apparel and textile industries in the United States and China, as well as bushels per worker in producing wheat Apparel Textile Wheat Wheat/Apparel Ratio Wheat United States Sales/Employee Wheat /Apparel Ratio $56,000 Comparative Advantage $165,000 Bushels/Worker 12, 260 0.22 (-12260/56000) 12, 260 Comparative Advantage 0.22 (-12260/56000) Wheat/Textile Ratio 0.07 (-12260/165000) Source: Feenstra and Taylor (2015). Given the information in this table, a worker in the U.S. China Sales/Employee $23,000 $27,000 Bushels/Worker 300 0.01 (300/23000) 300 0.01 (300/23000) 0.01 (-300/27000) O a worker in the U.S. is 6.1 times more productive in textile production than a worker in Chinal O a worker in the U.S. is 6.1 times less productive in textile production than a worker in China O Workers in textile industry have the same productivity O a worker in the U.S. is 2.4 times more productive in textile production than a worker in China both countries

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Table. Sales per employee for the apparel and textile industries in the United States and China, as well as bushels per worker in producing wheat Apparel Textile Wheat Wheat /Apparel Ratio Wheat United States Sales/Employee Wheat /Apparel Ratio $56,000 $165,000 Comparative Advantage Bushels/Worker 12, 260 0.22 (-12260/56000) 12, 260 Comparative Advantage 0.22 (-12260/56000) Wheat/Textile Ratio 0.07 (-12260/165000) Source: Feenstra and Taylor (2015). Given the information in this table, a worker in the U.S. China Sales/Employee $23,000 $27,000 Bushels/Worker 300 0.01 (300/23000) 300 0.01 (300/23000) 0.01 (-300/27000) a worker in the U.S. is 6.1 times more productive in textile production than a worker in China O a worker in the U.S. is 6.1 times less productive in textile production than a worker in China O Workers in textile industry have the same productivity in both countries O a worker in the U.S. is 2.4 times more productive in textile production than a worker in China
Transcribed Image Text:Table. Sales per employee for the apparel and textile industries in the United States and China, as well as bushels per worker in producing wheat Apparel Textile Wheat Wheat /Apparel Ratio Wheat United States Sales/Employee Wheat /Apparel Ratio $56,000 $165,000 Comparative Advantage Bushels/Worker 12, 260 0.22 (-12260/56000) 12, 260 Comparative Advantage 0.22 (-12260/56000) Wheat/Textile Ratio 0.07 (-12260/165000) Source: Feenstra and Taylor (2015). Given the information in this table, a worker in the U.S. China Sales/Employee $23,000 $27,000 Bushels/Worker 300 0.01 (300/23000) 300 0.01 (300/23000) 0.01 (-300/27000) a worker in the U.S. is 6.1 times more productive in textile production than a worker in China O a worker in the U.S. is 6.1 times less productive in textile production than a worker in China O Workers in textile industry have the same productivity in both countries O a worker in the U.S. is 2.4 times more productive in textile production than a worker in China
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