Business, 11.05.2021 03:40 alex12everett
Suppose that Toyota operates two large plants: one in Japan and one in the United States. In the Japanese plant it takes Toyota 4 hours to produce a sedan and 3 hours to produce a truck. In the plant in the United States it take Toyota 6 hours to produce a sedan and 4 hours to produce a truck. This implies that has the absolute advantage in producing sedans and has the absolute advantage in producing trucks. Japan ; Japan Japan ; United States United States ; Japan United States ; United States no one ; Japan no one ; United States Japan ; no one United States ; no one no one ; no one
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Suppose that Toyota operates two large plants: one in Japan and one in the United States. In the Jap...
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