Figure 9-20
The figure illustrates the market for rice in Vietnam.
-Refer to Figure 9-20.From the figure it is apparent that

Question

Figure 9-20
The figure illustrates the market for rice in Vietnam. 
-Refer to Figure 9-20.From the figure it is apparent that

Quizplus · Accepted Answer

The figure shows that Vietnam has a lower opportunity cost of producing rice compared to the rest of the world, indicating a comparative advantage in rice production. This is evident by the lower slope of Vietnam's production possibility curve for rice relative to the world's production possibility curve. Therefore, option A is the correct choice.

Figure 9-20 The Figure Illustrates the Market for Rice in Vietnam