-In Table 17.3,

Question

-In Table 17.3,

Quizplus · Accepted Answer

Absolute advantage refers to the ability of a country to produce more of a good using the same amount of resources as another country. Comparative advantage refers to the ability of a country to produce a good at a lower opportunity cost than another country. Without the specific data from Table 17.3, the correct answer cannot be determined based on the information provided. However, the explanation given in choice C is consistent with the general principles of absolute and comparative advantage in international trade theory.