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Table 22-1 -From Table 22-1, the United States

Question 108

Multiple Choice

Table 22-1 Table 22-1   -From Table 22-1, the United States A) has an absolute advantage over Great Britain in the production of textiles. B) has an absolute advantage over Great Britain in the production of wheat. C) has a comparative advantage in the production of textiles. D) should export textiles to Great Britain.
-From Table 22-1, the United States


A) has an absolute advantage over Great Britain in the production of textiles.
B) has an absolute advantage over Great Britain in the production of wheat.
C) has a comparative advantage in the production of textiles.
D) should export textiles to Great Britain.

Correct Answer:

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