Multiple Choice
This table shows how much cotton and cocoa can each be produced in Peru and Brazil with one unit of equivalent resources. TABLE 32-4 Refer to Table 32-4.Compared with Peru,Brazil has
A) a comparative but not absolute advantage in the production of cocoa beans.
B) an absolute and a comparative advantage in the production of cocoa beans.
C) an absolute,but not a comparative,advantage in the production of cocoa beans.
D) an absolute advantage in the production of cotton.
E) an absolute and a comparative advantage in the production of cotton.
Correct Answer:

Verified
Correct Answer:
Verified
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