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Suppose Japan Exports Televisions to the United States and Imports

Question 40

Multiple Choice

Suppose Japan exports televisions to the United States and imports sugar from Argentina.This situation suggests


A) Japan has a comparative advantage relative to the United States in producing televisions,and Argentina has a comparative advantage relative to Japan in producing sugar.
B) Japan has a comparative advantage relative to the United States in producing sugar,and Argentina has a comparative advantage relative to Japan in producing televisions.
C) Japan has an absolute advantage relative to the United States in producing televisions,and Argentina has an absolute advantage relative to Japan in producing sugar.
D) Japan has an absolute advantage relative to Argentina in producing sugar,and the United States has an absolute advantage relative to Japan in producing televisions.

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