Suppose the U. S. and Japan both produce airplanes and televisions and the U. S. has a comparative advantage in the production of airplanes while Japan has a comparative advantage in the production of televisions. If the U. S. exports airplanes to Japan and imports televisions from Japan,

a. all individuals in both countries will be better off.
b. all individuals in both countries will be worse off.
c. both countries, as a whole, will be worse off.
d. both countries, as whole, will be better off.

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Which of the following has the largest impact on opportunity cost

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.