The United States and Canada trade hockey skates and apple pie.The United States has an absolute and a comparative advantage in the production of apple pie,therefore:
A) Canada must have the comparative advantage in the production of skates.
B) Canada must have the absolute advantage in the production of skates.
C) Canada must have the absolute and comparative advantage in the production of skates.
D) the United States must have the comparative advantage in the production of skates,too.
Correct Answer:
Verified
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