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(Table: the Production Possibilities for Tractors and Crude Oil) Based

Question 79

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(Table: The Production Possibilities for Tractors and Crude Oil) Based on the production possibilities for the United States and Mexico, which of the following is true?
A.The United States has an absolute advantage in producing crude oil.
B.Mexico has an absolute advantage in producing crude oil.
C.Both the United States and Mexico have an absolute advantage in producing crude oil.
D.Neither the United States nor Mexico has an absolute advantage in producing crude oil.

Correct Answer:

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Mexico has an absolu...

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