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The United States Has an Absolute Advantage in Producing T-Shirts,but

Question 113

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The United States has an absolute advantage in producing T-shirts,but not a comparative advantage,because


A) Another country may have an absolute advantage in producing T-shirts.
B) The United States uses fewer resources to produce T-shirts than another country can
C) Other countries,such as China,can produce T-shirts at a lower opportunity cost relative to the United States.
D) Labor costs in the production of T-shirts are lower in the United States than in other countries.

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