Suppose the U.S. and Japan can 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. Also suppose the U.S. has an absolute advantage in the production of both airplanes and televisions. The U.S. should
a. not trade airplanes or televisions with Japan.
b. import airplanes from Japan and export televisions to Japan.
c. export airplanes to Japan and import televisions from Japan.
d. export both airplanes and televisions to Japan.
c
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