Multiple Choice
Table 3-27
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
-Refer to Table 3-27. Huang has an absolute advantage in the production of
A) parasols and a comparative advantage in the production of parasols.
B) parasols and a comparative advantage in the production of plates.
C) neither good and a comparative advantage in the production of parasols.
D) neither good and a comparative advantage in the production of plates.
Correct Answer:

Verified
Correct Answer:
Verified
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