Homework Answers
The opportunity cost of producing Automobiles for
US = 12/4 = 3
Japan = 24/2 =12
US has a comparative advantage in producing Automobiles
The opportunity cost of producing Computers for
US = 4/12 = 0.33
Japan = 2/24 = 0.08
Japan has a comparative advantage in producing Computers
After specialization, US will produce Automobiles to a total of 4*2000 = 8000
and Japan will produce Computers to a total of 24*2000 = 48000
| Automobiles | Computers | |
| US | 6000 | 12000 |
| Japan | 2000 | 36000 |
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