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-Exhibit EE-2 Depicts the Production Possibilities Curves of Wheat and Corn

Question 47

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-Exhibit EE-2 depicts the production possibilities curves of wheat and corn for Nabia and Pada. Which of the following statements is true? A) Neither country has an absolute advantage in the production of both corn and wheat. B) Pada has an absolute advantage in the production of both corn and wheat. C) Pada has a comparative advantage in the production of both corn and wheat. D) Pada has a comparative advantage in the production of corn. E) Nabia has a comparative advantage in the production of corn.
-Exhibit EE-2 depicts the production possibilities curves of wheat and corn for Nabia and Pada. Which of the following statements is true?


A) Neither country has an absolute advantage in the production of both corn and wheat.
B) Pada has an absolute advantage in the production of both corn and wheat.
C) Pada has a comparative advantage in the production of both corn and wheat.
D) Pada has a comparative advantage in the production of corn.
E) Nabia has a comparative advantage in the production of corn.

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