Unformatted text preview: Japan has a lower opportunity cost in producing grain. f) America: 500,000,000 tons of grain 200,000,000 cars Japan: 250,000,000 tons of grain 200,000,000 cars g) USA produces 7.5 tons of grain for 1 car. Japan produces 1.23 tons of grain for 3 cars. USA gives 2 tons of grain for 1 car....
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This homework help was uploaded on 04/10/2008 for the course AECO 101 taught by Professor ? during the Fall '07 term at SUNY Albany.
- Fall '07