FIGURE 33- 2
-Refer to Figure 33- 2. The diagrams illustrate that Switzerland
A) has an absolute advantage in the production of shoes.
B) has a comparative advantage in the production of bicycles.
C) has a higher consumption of bicycles than Austria.
D) has an absolute advantage in the production of bicycles.
E) has a comparative advantage in the production of shoes.
Correct Answer:
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