Multiple Choice
Figure 1. An Example of China-U.S. Trade Possibilities
-Considering Figure 1, which of the following would be true?
A) China has more of both labor and capital than the U.S.
B) The U.S. has more of both labor and capital than China.
C) The U.S. is relatively capital abundant and China is relatively labor abundant.
D) The U.S. is relatively labor abundant and China is relatively capital abundant.
Correct Answer:

Verified
Correct Answer:
Verified
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