Exhibit 33-6

-Refer to Exhibit 33-6. Which of the following is true?

Question

Exhibit 33-6
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-Refer to Exhibit 33-6. Which of the following is true?

Quizplus · Accepted Answer

Comparative advantage is determined by which country can produce a good at a lower opportunity cost. Without seeing Exhibit 33-6, the correct answer typically involves one country having a comparative advantage in one product and the other country having a comparative advantage in the other product, as comparative advantage is about specializing in the production of goods for which a country is relatively more efficient.

Exhibit 33-6 ​

Exhibit 33-6