Multiple Choice
If India produces more furniture than China by using the same quantity of raw materials, and both use the same amount of raw materials for manufacturing a ship. Which of the following is true of the scenario?
A) India has an absolute advantage over China in manufacturing ships.
B) China has an absolute advantage over India in manufacturing ships.
C) India has an absolute advantage over China in producing furniture.
D) China has an absolute advantage over India in producing furniture.
Correct Answer:
Verified
Correct Answer:
Verified
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