Multiple Choice
-Refer to Table 3-6. Which country has a comparative advantage in each product?
A) Denmark has a comparative advantage in bread, and Italy has a comparative advantage in cheese.
B) Denmark has a comparative advantage in cheese, and Italy has a comparative advantage in bread.
C) Denmark has a comparative advantage in both goods, and Italy has a comparative advantage in neither good.
D) Denmark has a comparative advantage in neither good, and Italy has a comparative advantage in both goods.
Correct Answer:
Verified
Correct Answer:
Verified
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Q183: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table