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Comparative Advantage; How to Calculate it. Economics, AP Microeconomics

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Published on Apr 25, 2011

For the Advanced Microeconomics Review please go to: http://bit.ly/2aj1txm

"AP" is owned by the College Board which does not endorse this site or the above review.

QUESTIONS:

1) In one hour, the USA can produce 3 cars or 12 computers.
In one hour, Japan can produce 2 cars or 14 computers.

a) Which country has the comparative advantage in making cars?
b) Which country has the comparative advantage in making computers?
c) What kind of trade should there be between the two countries? In other words, what should they specialize in making?

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