Multiple Choice
Exhibit 29-1
-According to the data in Exhibit 29-1, China has a(n)
A) comparative advantage in neither good.
B) absolute advantage in the production of both goods.
C) comparative advantage in both goods.
D) absolute advantage in good A but not in good B.
E) comparative advantage in good A.
Correct Answer:

Verified
Correct Answer:
Verified
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Q205: Exhibit 29-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 29-3