Multiple Choice
-In the table above, country A is producing 4 units of X and 8 units of Y and country B is producing 4 units of X and 6 units of Y. Regarding the production of good X
A) country A has an absolute advantage.
B) country B has a comparative advantage.
C) country A has a comparative advantage.
D) country B has an absolute advantage.
Correct Answer:
Verified
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