Solved

If Israel Has a Lower Opportunity Cost Producing Oranges Than

Question 90

Multiple Choice

If Israel has a lower opportunity cost producing oranges than Canada, then compared to Canada's orange production, it


A) is less efficient in producing other goods
B) has an absolute advantage producing oranges
C) cannot export oranges to other countries successfully
D) has a comparative advantage producing oranges
E) will have reason to import oranges

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents