-Refer to the above table. Assuming constant opportunity costs
A)Country X has a comparative advantage in the production of both goods.
B)Country Y has a comparative advantage in the production of both goods.
C)Country X has a comparative advantage in the production of Product A while Country Y has a comparative advantage in the production of Product B.
D)Country Y has a comparative advantage in the production of Product A while Country X has a comparative advantage in the production of Product B.

Question

-Refer to the above table. Assuming constant opportunity costs
A)Country X has a comparative advantage in the production of both goods. 
B)Country Y has a comparative advantage in the production of both goods. 
C)Country X has a comparative advantage in the production of Product A while Country Y has a comparative advantage in the production of Product B. 
D)Country Y has a comparative advantage in the production of Product A while Country X has a comparative advantage in the production of Product B.

Quizplus · Accepted Answer

The Answer of 
-Refer to the above table. Assuming constant opportunity costs
A)Country X has a comparative advantage in the production of both goods. 
B)Country Y has a comparative advantage in the production of both goods. 
C)Country X has a comparative advantage in the production of Product A while Country Y has a comparative advantage in the production of Product B. 
D)Country Y has a comparative advantage in the production of Product A while Country X has a comparative advantage in the production of Product B.

-Refer to the Above Table