Multiple Choice
Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day.
-Refer to Table 3-21. Jamaica has a comparative advantage in the production of
A) coolers and Norway has a comparative advantage in the production of radios.
B) radios and Norway has a comparative advantage in the production of coolers.
C) both goods and Norway has a comparative advantage in the production of neither good.
D) neither good and Norway has a comparative advantage in the production of both goods.
Correct Answer:

Verified
Correct Answer:
Verified
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