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Table 3-5 Labour hours needed to make I unit: Amount produced in 24 hours: Cars Airplanes Cars Airplanes Canada 10 4 Japan 8 2 S
Table 3-5 Labour hours needed to make I unit: Amount produced in 24 hours: Cars Airplanes Cars Airplanes Canada 10 4 Japan 8 2 S 2021. 22 23. . by Canada specializing in airplanes and Japan specializing in airplanes B N BT o Refer to the table 3-5. Which country has an absolute advantage in producing cars and which country has an absolute advantage in producing airplanes? (1 mark) . Japan has an absolute advantage in producing cars, and Canada has an absolute advantage in producing airplanes. . Canada has an absolute advantage in producing cars, and Japan has an absolute advantage in producing airplanes. . Canada has an absolute advantage in producing both cars and airplanes. . Japan has an absolute advantage in producing both cars and airplanes. Refer to the table 3-5. Which country has a comparative advantage in producing cars and which country has a comparative advantage in producing airplanes? (1 mark) . Japan has a comparative advantage in producing cars, and Canada has a comparative advantage in producing airplanes. . Canada has a comparative advantage in producing cars, and Japan has a comparative advantage in producing airplanes. . Canada has a comparative advantage in producing both cars and airplanes. . Japan has a comparative advantage in producing both cars and airplanes. Refer to the table 3-5. How could Canada and Japan both benefit? (1 mark) . by Canada specializing in cars and Japan specializing in airplanes . by Canada specializing in airplanes and Japan specializing in cars . by Canada specializing in neither good and Japan specializing in both goods
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