week.

b.

Identify which country has the absolute advantage in green beans and which country has the absolute

advantage in tomatoes.

c.

Identify which country has the comparative advantage.

d. How much would France have to give up in terms of tomatoes to gain from trade? How much would it

have to give up in terms of green beans?

30. In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10 tons of

rubber or 40 radios.

a. Who has the absolute advantage in the production of rubber or radios? How can you tell?

b. Calculate the opportunity cost of producing 80 additional radios in Japan and in Malaysia. (Your

calculation may involve fractions, which is fine.) Which country has a comparative advantage in the

production of radios?

c. Calculate the opportunity cost of producing 10 additional tons of rubber in Japan and in Malaysia.

Which country has a comparative advantage in producing rubber?

d.
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