Suppose China can produce either 600 telephones or 400 DVD players,and Japan can produce either 400 telephones or 200 DVD players.Implicitly,China has
A) A comparative but not necessarily an absolute advantage in DVD players.
B) An absolute but not necessarily a comparative advantage in DVD players.
C) Both an absolute and a comparative advantage in DVD players.
D) Neither a comparative nor an absolute advantage in DVD players.
Correct Answer:
Verified
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