Solved

Refer to the Graph Shown

Question 53

Multiple Choice

Refer to the graph shown. Refer to the graph shown.   We can conclude from the diagram that: A)  Graustark has a comparative advantage in both goods. B)  Norstrilia has a comparative advantage in both goods. C)  Norstrilia has a comparative advantage in manufacturing and Graustark has a comparative advantage in agriculture. D)  Norstrilia has a comparative advantage in agriculture and Graustark has a comparative advantage in manufacturing. We can conclude from the diagram that:


A) Graustark has a comparative advantage in both goods.
B) Norstrilia has a comparative advantage in both goods.
C) Norstrilia has a comparative advantage in manufacturing and Graustark has a comparative advantage in agriculture.
D) Norstrilia has a comparative advantage in agriculture and Graustark has a comparative advantage in manufacturing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions