Use the following to answer questions:
Figure: Steel and Lumber
-(Figure: Steel and Lumber) In the PPF diagram, China has a comparative advantage in ________ and an absolute advantage in _______.
A) lumber; neither of the goods
B) steel; lumber
C) steel; neither of the goods
D) lumber; steel

Question

Use the following to answer questions:
Figure: Steel and Lumber 
-(Figure: Steel and Lumber) In the PPF diagram, China has a comparative advantage in ________ and an absolute advantage in _______.
A) lumber; neither of the goods 
B) steel; lumber 
C) steel; neither of the goods 
D) lumber; steel

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Steel and Lumber 
-(Figure: Steel and Lumber) In the PPF diagram, China has a comparative advantage in ________ and an absolute advantage in _______.
A) lumber; neither of the goods 
B) steel; lumber 
C) steel; neither of the goods 
D) lumber; steel

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