Multiple Choice
If compared to Akerji, Bunyan can produce palm oil by giving up less of an alternative good
Then, Bunyan has
A) a higher foreign-trade multiplier than Akerji.
B) a lower foreign-trade multiplier than Akerji.
C) an absolute advantage in palm oil production.
D) a comparative advantage in palm oil production.
Correct Answer:
Verified
Correct Answer:
Verified
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