Exhibit 19-2
In Exhibit 19-2, the United States has an absolute advantage in the production of both rice and t-shirts.

Question

Exhibit 19-2
  In Exhibit 19-2, the United States has an absolute advantage in the production of both rice and t-shirts.

Quizplus · Accepted Answer

An absolute advantage occurs when a country can produce a good or service more efficiently than any other country. In Exhibit 19-2, the United States has a lower opportunity cost for producing both rice and t-shirts compared to Mexico, indicating an absolute advantage in both goods.

Exhibit 19-2 in Exhibit 19-2, the United States Has an Has