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-Refer to Table 3-5

Question 129

Multiple Choice

  -Refer to Table 3-5. Which country has an absolute or comparative advantage in each product? A)  Japan has an absolute advantage in both goods, and Canada has a comparative advantage in cars. B)  Japan has an absolute advantage in both goods, and Canada has a comparative advantage in neither good. C)  Japan has an absolute advantage in cars, and Canada has a comparative advantage in airplanes. D)  Japan has an absolute advantage in airplanes, and Canada has a comparative advantage in cars.
-Refer to Table 3-5. Which country has an absolute or comparative advantage in each product?


A) Japan has an absolute advantage in both goods, and Canada has a comparative advantage in cars.
B) Japan has an absolute advantage in both goods, and Canada has a comparative advantage in neither good.
C) Japan has an absolute advantage in cars, and Canada has a comparative advantage in airplanes.
D) Japan has an absolute advantage in airplanes, and Canada has a comparative advantage in cars.

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