The diagram below shows Robinson Crusoe's annual production possibilities boundary for the production of bananas and coconuts.
FIGURE 33- 3
-Refer to Table 33- 3. Canada has an absolute advantage in the production of

Question

The diagram below shows Robinson Crusoe's annual production possibilities boundary for the production of bananas and coconuts.
  FIGURE 33- 3
-Refer to Table 33- 3. Canada has an absolute advantage in the production of

Quizplus · Accepted Answer

Canada has an absolute advantage in both soybeans and oil if it can produce more of both goods than another country using the same amount of resources.

The Diagram Below Shows Robinson Crusoe's Annual Production Possibilities Boundary