Multiple Choice
The following Classical-type table shows the number of days of labor input required to obtain one unit of output of each of the two commodities in each of the three countries:
Given this information, the United States has an absolute advantage over Spain in
A) both goods, and the United States also has an absolute advantage over England in Both goods.
B) both goods, but the United States has an absolute advantage over England in neither Good.
C) neither good, but the United States has an absolute advantage over England in both Goods.
D) neither good, and the United States also has an absolute advantage over England in Neither good.
Correct Answer:

Verified
Correct Answer:
Verified
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