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If with One Unit of Labor the U

Question 29

Multiple Choice

If with one unit of labor the U.S. can produce 20 units of computer software and 10 units of computer hardware and China can produce 4 units of software and 4 units of hardware then


A) the United States has a comparative and absolute advantage in both goods.
B) China has a comparative and absolute advantage in both goods.
C) the United States has an absolute advantage in both goods.
D) the United States has a comparative advantage in both goods.

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