Multiple Choice
Table 3-2
-According to Table 3-2:
A) Lee has a comparative advantage in rice, and John has an absolute advantage in butter
B) Lee has a comparative advantage in butter, and John has an absolute advantage in rice
C) Lee has a comparative advantage in rice, and John has an absolute advantage in neither goods
D) Lee has a comparative advantage in butter, and John has an absolute advantage in neither goods
Correct Answer:
Verified
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