Suppose the U. S. and Japan can both produce airplanes and televisions and the U. S. has acomparative advantage in the production of airplanes while Japan has a comparative advantage in theproduction of televisions. Also suppose the U. S. has an absolute advantage in the production of bothairplanes and televisions. The U. S. shoulda. not trade airplanes or televisions with Japan. b. import airplanes from Japan and export televisions to Japan. c. export airplanes to Japan and import televisions from Japan. d. export both airplanes and televisions to Japan
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Home » Business » Suppose the U. S. and Japan can both produce airplanes and televisions and the U. S. has acomparative advantage in the production of airplanes while Japan has a comparative advantage in theproduction of televisions. Also suppose the U. S.