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-Refer to Table 3-5

Question 135

Multiple Choice

-Refer to Table 3-5. Which country has an absolute or comparative advantage in each product? A) Japan has a comparative advantage in airplanes, and Canada has an absolute advantage in cars. B) Japan has a comparative advantage in cars, and Canada has an absolute advantage in airplanes. C) Japan has a comparative advantage in cars, and Canada has an absolute advantage in neither good. D) Japan has a comparative advantage in airplanes, and Canada has an absolute advantage in both goods.
-Refer to Table 3-5. Which country has an absolute or comparative advantage in each product?


A) Japan has a comparative advantage in airplanes, and Canada has an absolute advantage in cars.
B) Japan has a comparative advantage in cars, and Canada has an absolute advantage in airplanes.
C) Japan has a comparative advantage in cars, and Canada has an absolute advantage in neither good.
D) Japan has a comparative advantage in airplanes, and Canada has an absolute advantage in both goods.

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