Refer to the information provided in Table 33.2 below to answer the question(s) that follow.
Table 33.2
-Refer to Table 33.2. ________ has a comparative advantage in motorcycles and ________ has an absolute advantage in motorcycles.
A) China; neither
B) Neither; neither
C) Thailand; neither
D) Thailand; China

Question

Refer to the information provided in Table 33.2 below to answer the question(s) that follow.
Table 33.2 
-Refer to Table 33.2. ________ has a comparative advantage in motorcycles and ________ has an absolute advantage in motorcycles.
A) China; neither 
B) Neither; neither 
C) Thailand; neither 
D) Thailand; China

Quizplus · Accepted Answer

According to Table 33.2, Thailand has a lower opportunity cost for producing motorcycles than China, indicating a comparative advantage in motorcycles. However, there is no information provided about absolute advantage, so the second part of the question cannot be answered with the given data.

Refer to the Information Provided in Table 33