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Question 2 1 pts OUTPUT PER HOUR OF WORK Japan Australia Computers 12 N TVs 6 4 Suppose that Japan and Australia are only two
Question 2 1 pts OUTPUT PER HOUR OF WORK Japan Australia Computers 12 N TVs 6 4 Suppose that Japan and Australia are only two countries in the world. Computers and TVs are the only products. Labor is the only factor of production. According to the table, _ has a comparative advantage in the production of computers, and has a comparative advantage in the production of TVs. Japan; Japan O Australia; Australia Japan; Australia O Australia; JapanQuestion 5 1 pts Using the information from the table in Question 2, what do expect will happen to the production of TVs if Japan and Australia trade with each other? O Both will produce TVs. O Neither will produce TVs. O Only Japan will produce TVs. O Only Australia will produce TVs
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