Solved

Suppose the Production of 12 Tons of Copper in the United

Question 35

Multiple Choice

Suppose the production of 12 tons of copper in the United States requires the same amount of resources as the production of 3 tons of aluminum.In Mexico,12 tons of copper requires the same amount of resources as 2 tons of aluminum.Implicitly


A) Mexico has a comparative advantage in producing copper.
B) The United States has an absolute advantage in producing aluminum.
C) Mexico has an absolute advantage in producing copper.
D) Neither country has a comparative advantage in producing aluminum.

Correct Answer:

verifed

Verified

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

Related Questions