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Figure: Countries A and B Use the following to answer questions: Figure: Countries A and B   -(Figure: Countries A and B)  Refer to the figure. According to the diagram about countries A and B, which of the following statement(s)  is correct? I. Country A has a comparative advantage in Good Y. II. Country B has an absolute advantage in both goods. III. Country B has a comparative advantage in Good X. A)  I and II only B)  I and III only C)  II and III only D)  I, II, and III
-(Figure: Countries A and B) Refer to the figure. According to the diagram about countries A and B, which of the following statement(s) is correct? I. Country A has a comparative advantage in Good Y.
II. Country B has an absolute advantage in both goods.
III. Country B has a comparative advantage in Good X.


A) I and II only
B) I and III only
C) II and III only
D) I, II, and III

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