Refer to the information provided in Figure 19.2 below to answer the questions that follow.
Figure 19.2
-Refer to Figure 19.2.the U.S.has

Question

Refer to the information provided in Figure 19.2 below to answer the questions that follow.
  Figure 19.2
-Refer to Figure 19.2.the U.S.has

Quizplus · Accepted Answer

According to the information provided in Figure 19.2, the U.S. has a lower opportunity cost for producing cars compared to Japan. Therefore, the U.S. has a comparative advantage in producing cars. There is no information provided about absolute advantage, and the U.S. is not shown to have a comparative advantage in producing trucks. Therefore, option A, B, and D are incorrect.

Refer to the Information Provided in Figure 19