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O Question 61 Put a pin in it Suppose that the United States and Germany can each produce two components of a smartphone: semiconductors and

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O Question 61 Put a pin in it Suppose that the United States and Germany can each produce two components of a smartphone: semiconductors and memory chips. They can produce these goods using the amounts of labor given in the table below. Labor Requirements per Unit of Output United States Germany Semiconductors 10 8 Memory chips 30 4 We can conclude that Germany and the U.S. could benefit from trade if Germany specializes in producing semiconductors and exports them to the U.S., while the U.S. specializes in producing memory chips and exports them to Germany. Germany and the U.S. could benefit from trade if Germany specializes in producing memory chips and exports them to 99+ L O' LGGermany and the U.S. could benefit from trade if Germany specializes in producing semiconductors and exports them to the U.S., while the U.S. specializes in producing memory chips and exports them to Germany. Germany and the U.S. could benefit from trade if Germany specializes in producing memory chips and exports them to the U.S., while the U.S. specializes in producing semiconductors and exports them to Germany. Germany and the U.S. could benefit from trade if Germany produces both goods and exports them to the U.S. The U.S. should not export either good. Germany and the U.S. could benefit from trade if the U.S. produces both goods and exports them to Germany. Germany should not export either good. Neither country should export either good

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