Answer the question(s)below based on the following diagram of a country that is in international trade equilibrium.

-Refer to the figure above.This country has comparative advantage in
A)X.
B)Y.
C)both X and Y.
D)Can't tell without more information.

Question

Answer the question(s)below based on the following diagram of a country that is in international trade equilibrium.
 
-Refer to the figure above.This country has comparative advantage in
A)X. 
B)Y. 
C)both X and Y. 
D)Can't tell without more information.

Quizplus · Accepted Answer

The country has a lower opportunity cost of producing X than Y.

Answer the Question(s)below Based on the Following Diagram of a Country