The production possibilities curves illustrated in Figure 35.2 reveal that
A) The United States has no comparative advantage.
B) The United States has an absolute advantage in both goods.
C) Mexico has no comparative advantage.
D) Mexico has a comparative advantage in baseballs.

Question

The production possibilities curves illustrated in Figure 35.2 reveal that
A) The United States has no comparative advantage. 
B) The United States has an absolute advantage in both goods. 
C) Mexico has no comparative advantage. 
D) Mexico has a comparative advantage in baseballs.

Quizplus · Accepted Answer

The Answer of  The production possibilities curves illustrated in Figure 35.2 reveal that
A) The United States has no comparative advantage. 
B) The United States has an absolute advantage in both goods. 
C) Mexico has no comparative advantage. 
D) Mexico has a comparative advantage in baseballs.

The Production Possibilities Curves Illustrated in Figure 35