Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day. On the other hand, a Bangladeshi worker can produce 100 pairs of gloves or grow 200 radishes per day. Which of the following statements is true?
A) The U.S. has a comparative advantage at producing both gloves and radishes.
B) The U.S. does not have a comparative advantage at producing either gloves or radishes.
C) The U.S. has a comparative advantage at producing gloves only.
D) The U.S. has a comparative advantage at producing radishes only.
Correct Answer:
Verified
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