Given the information in the following table, if the Home economy suffered a meltdown, and the Unit Labor Requirements doubled to 20 for cloth and 40 for widgets then home should ________________.[img=227x68]18034a18de05837.png[/img]
A: export cloth.
B: export widgets.
C: export both and import nothing.
D: export and import nothing.
A: export cloth.
B: export widgets.
C: export both and import nothing.
D: export and import nothing.
举一反三
- Given the information in the following table, _________. Unit labor requirements Cloth Widgets Home 10 20Foreign 60 30 A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.
- Given the information in the following table, __________.[img=231x72]17de7621169bfb0.png[/img] A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.
- Given the information in the following table, Home's opportunity cost of cloth is _____________.[img=227x68]18034a18e863876.png[/img] A: 0.5. B: 2.0. C: 6.0. D: 1.5.
- What are the procedures for both import and export trade?
- We are a state-operated corporation _________ both the import and export of textiles.