Use the accompanying table to answer the following questions.
Table 3-4

-According to Table 3-4:
A) England has an absolute advantage in bread, and Spain has an absolute advantage in cheese
B) England has an absolute advantage in cheese, and Spain has an absolute advantage in bread
C) England has an absolute advantage in both goods, and Spain has an absolute advantage in neither goods
D) England has an absolute advantage in neither goods, and Spain has an absolute advantage in both goods

Question

Use the accompanying table to answer the following questions.
Table 3-4
 
-According to Table 3-4:
A) England has an absolute advantage in bread, and Spain has an absolute advantage in cheese 
B) England has an absolute advantage in cheese, and Spain has an absolute advantage in bread 
C) England has an absolute advantage in both goods, and Spain has an absolute advantage in neither goods 
D) England has an absolute advantage in neither goods, and Spain has an absolute advantage in both goods

Quizplus · Accepted Answer

England has an absolute advantage in both goods if it can produce more of both bread and cheese compared to Spain using the same resources.

Use the Accompanying Table to Answer the Following Questions