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macroeconomics 4' Fill in the blanks based on the information in the following table. Japan's combination of X and Y lChina's combination ofX and Y

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macroeconomics

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4' Fill in the blanks based on the information in the following table. Japan's combination of X and Y lChina's combination ofX and Y 100K, CY 50):, BY 50 X, 100V 25X, 75V 0K, 200'! 0x, 150:" a. Opportunity cost of 1 unit of X for Japan is _ v'CJpportLIniwr cost of 1 unit of'r' for Japan is _ Opportunity cost of 1 unit of X for China is _ ___________ _ Opportunity cost of 1 unit of'r' for China is ____________ in. Japan has comparative advantage in producing ______ . China has comparative advantage in producing _______ . c. Japan should export _, China should export __________

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