Use the following to answer questions
Figure: Corn and Watches in the United States and Canada
-(Figure: Corn and Watches in the United States and Canada)Referring to the graphs,we see that _____ has the absolute advantage for corn and _____ has the absolute advantage for watches.

Question

Use the following to answer questions
Figure: Corn and Watches in the United States and Canada 
-(Figure: Corn and Watches in the United States and Canada)Referring to the graphs,we see that _____ has the absolute advantage for corn and _____ has the absolute advantage for watches.

Quizplus · Accepted Answer

The United States has the absolute advantage in both corn and watches if it can produce more of both goods compared to Canada.

Use the Following to Answer Questions