Solved

If Brazil Gives Up Three Automobiles for Each Ton of Coffee

Question 116

Multiple Choice

If Brazil gives up three automobiles for each ton of coffee it produces,while Peru gives up seven automobiles for each ton of coffee it produces,then Brazil has a comparative advantage in _____ production and should specialize in _____.


A) automobile;coffee
B) coffee;automobiles
C) coffee;coffee
D) automobile;automobiles

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q111: If they spend all night writing computer

Q112: A statement that the minimum wage should

Q113: Suppose residents of Montana operate on their

Q114: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q115: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q117: All points outside the production possibility frontier

Q118: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q119: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q120: Which statement is positive?<br>A)The rate of unemployment

Q121: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"