Use the table below to answer the questions concerning absolute and comparative advantages. Lumber Automobiles United States 8 8 Canada 4 2 I want to know if i have the correct answer to this question Should the U.S. trade with Canada? If so, what should be imported and what should be exported? Yes they can export the lumber because of the advantage and import the atutomobile
Use the table below to answer the questions concerning absolute and comparative advantages. Lumber Automobiles United States 8 8 Canada 4 2 I want to know if i have the correct answer to this question Should the U.S. trade with Canada? If so, what should be imported and what should be exported? Yes they can export the lumber because of the advantage and import the atutomobile
Chapter2: Economics: Eight Powerful Ideas
Section: Chapter Questions
Problem 15P
Related questions
Question
Use the table below to answer the questions concerning absolute and
|
Lumber |
Automobiles |
United States
|
8 |
8 |
Canada
|
4 |
2 |
I want to know if i have the correct answer to this question
- Should the U.S. trade with Canada? If so, what should be imported and what should be exported? Yes they can export the lumber because of the advantage and import the atutomobile
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