Multiple Choice
Exhibit 34-9
Refer to Exhibit 34-9. Which of the following statements is true?
A) Country X has a comparative advantage in the production of good B.
B) Country Y has a comparative advantage in the production of good A.
C) It would be better for country X to specialize in (the production of) and trade good A than to specialize in and trade good B.
D) Neither country has a comparative advantage in the production of either good A or good B.
Correct Answer:
Verified
Related Questions