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It requires 5 hours of labor to produce a ton of steel in Japan and 3...

It requires 5 hours of labor to produce a ton of steel in Japan and 3 hours in the U.S., and it requires 20 hours of labor to produce a car in japan and 15 hours in the U.S.

a) Construct a production possibilities curve for each country.

b) If Japan and the U.S. were the only countries involved in trade, what woud be the pattern of trade between them? Explain. (You do not need to know where the intercepts of the production possibilities curves are to answer the question.)

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