ilmscore | International Trade / Comparative Advantage Predictions
Int

International Trade / Comparative Advantage

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Recent Predictions

Total: 1
Correct: 0
Incorrect: 0
Pending: 1
Prediction
Author
Predicted at
Status
Video
Given US production (5 planes or 10 cars/day) and Canadian production (2 planes or 8 cars/day), the US should specialize in planes (opportunity cost of 2 cars/plane), and Canada should specialize in cars (opportunity cost of 0.25 plane/car).
"The United States has a comparative advantage in the production of planes because they have a lower ..."
Jacob Clifford Jacob Clifford
Aug 5, 2024
Pending
NEW- Macro Unit 1 Su...