(Figure: Corn and Watches in the United States and Canada) Referring to the graphs, we see that _____ has the comparative advantage in producing corn and _____ has the comparative advantage in producing watches. 
A) the United States; Canada
B) Canada; the United States
C) the United States; the United States
D) Canada; Canada
Correct Answer:
Verified
Q28: Suppose that the United States and Italy
Q29: When nations specialize according to their comparative
Q30: In Canada, the average worker can produce
Q33: (Figure: Corn and Watches in the United
Q35: Suppose that the United States and Italy
Q36: (Figure: Corn and Watches in the United
Q37: If the United States can produce 50
Q39: In Canada, the average worker can produce
Q40: According to international trade theory
A) every country
Q181: If Canada is using all its resources
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