Refer to the graph shown. If Countries X and Y face the production possibility curves A and B, respectively, Country Y has a comparative advantage in the production of:
A) neither agricultural goods nor industrial goods.
B) both agricultural goods and industrial goods.
C) agricultural goods only.
D) industrial goods only.

Question

Refer to the graph shown.  If Countries X and Y face the production possibility curves A and B, respectively, Country Y has a comparative advantage in the production of:
A) neither agricultural goods nor industrial goods. 
B) both agricultural goods and industrial goods. 
C) agricultural goods only. 
D) industrial goods only.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown.  If Countries X and Y face the production possibility curves A and B, respectively, Country Y has a comparative advantage in the production of:
A) neither agricultural goods nor industrial goods. 
B) both agricultural goods and industrial goods. 
C) agricultural goods only. 
D) industrial goods only.

Refer to the Graph Shown