Use the following to answer question:
-(Table: The Production Possibilities for Tractors and Crude Oil)Use Table: The Production Possibilities for Tractors and Crude Oil._____ has/have an absolute advantage in producing tractors.

Question

Use the following to answer question: 
-(Table: The Production Possibilities for Tractors and Crude Oil)Use Table: The Production Possibilities for Tractors and Crude Oil._____ has/have an absolute advantage in producing tractors.

Quizplus · Accepted Answer

The United States has an absolute advantage in producing tractors because it can produce more tractors than Mexico with the same amount of resources. The United States can produce 20 tractors or 20,000 barrels of crude oil, while Mexico can produce only 10 tractors or 10,000 barrels of crude oil.

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