antwonewhiteside0 antwonewhiteside0
  • 01-07-2020
  • Business
contestada

Assume that China has a comparative advantage in producing corn and exports corn to Japan. We can conclude that ________.

Respuesta :

Priatouri Priatouri
  • 07-07-2020

Answer:

Lower opportunity cost in the production of corn.

Explanation:

We can conclude that China has a lower opportunity cost for the production of corn and Japan has a high opportunity cost of producing the cost because comparative advantage can be seen when a country produces a commodity that has lower opportunity cost or less than the opportunity cost of other countries. So China has a comparative advantage means it has a lower opportunity cost of corn production.

Answer Link

Otras preguntas

Can a triangle have angle measures as 140,43, and 7
the area of aron's favorite poster is 6 square feet. the length of the poster is 3 feet. find the width of the poster​
Which of the following is a benefit of creating a schedule for your tasks? 1.You can revise times as necessary if you don't meet your dues dates. 2.You can spen
if 97% of the earth water is in the oceans why are there water scarcity problems ​
Explain what an individual would have to have genetically to show the recessive trait
A group of cells that have the same function is called a(n) _________
A building has 54 apartments and 60 bathrooms. What is the ratio of apartments to bathrooms in the building?
find the perimeter of the figure. each unit is 1 cm​
What did president thomos jefferson’s foreign policy to deal with this problem
Find the volume of the prism.