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Table 2-16 Table 2-16 Shows the Number of Labor Hours

Question 48

Multiple Choice

Table 2-16
Table 2-16 Table 2-16 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-16. If the two countries specialize and trade, who should export cell phones? A) There is no basis for trade between the two countries. B) Estonia C) Finland D) They should both be importing cell phones. Table 2-16 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-16. If the two countries specialize and trade, who should export cell phones?


A) There is no basis for trade between the two countries.
B) Estonia
C) Finland
D) They should both be importing cell phones.

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