Assume the United States and Canada have the same amount of resources.In a given time period,the United States can produce 3 tons of steel or 300 tons of wheat.Canada can produce 4 tons of steel or 400 tons of wheat.This means that
A)The United States has a comparative advantage in steel.
B)Canada has a comparative advantage in steel.
C)The United States has an absolute advantage in steel.
D)Canada has an absolute advantage in both steel and wheat.

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The Answer of Assume the United States and Canada have the same amount of resources.In a given time period,the United States can produce 3 tons of steel or 300 tons of wheat.Canada can produce 4 tons of steel or 400 tons of wheat.This means that
A)The United States has a comparative advantage in steel.
B)Canada has a comparative advantage in steel.
C)The United States has an absolute advantage in steel.
D)Canada has an absolute advantage in both steel and wheat.

Assume the United States and Canada Have the Same Amount