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Figure 18-1 -In Figure 18-1

Question 117

Multiple Choice
Figure 18-1
 
-In Figure 18-1,

Figure 18-1
Figure 18-1    -In Figure 18-1, A)  Great Britain has an absolute advantage over Germany in the production of both scientific equipment and woolens. B)  Germany has a comparative advantage over Great Britain in the production of woolens. C)  Great Britain has a comparative advantage in the production of woolens. D)  Great Britain should export scientific equipment to Germany, and Germany should export woolens to Great Britain.
-In Figure 18-1,


A) Great Britain has an absolute advantage over Germany in the production of both scientific equipment and woolens.
B) Germany has a comparative advantage over Great Britain in the production of woolens.
C) Great Britain has a comparative advantage in the production of woolens.
D) Great Britain should export scientific equipment to Germany, and Germany should export woolens to Great Britain.

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