iple Choices
Answer (Choose 1 answer)
If Japan is capable of producing either shoes or soccer balls or some combination of the two, then
A. it would be difficult for Japan to benefit from trade with another country if Japan is efficient in the production of both goods.
B. it would be impossible for Japan to have an absolute advantage over another country in both products.
C. Japan's opportunity cost of shoes is the inverse of its opportunity cost of soccer balls.
D. Japan should specialize in the product in which it has an absolute advantage.
1