Multiple Choice
Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. Which of the following statements is true?
A) Country A has a comparative advantage at producing cars and Country B has a comparative advantage at producing trucks.
B) Country A has a comparative advantage at producing trucks and Country B has a comparative advantage at producing cars.
C) Country A has a comparative advantage at producing both cars and trucks.
D) Country B has a comparative advantage at producing both cars and trucks.
Correct Answer:

Verified
Correct Answer:
Verified
Q139: The concepts of comparative advantage, specialization, and
Q140: Tom and Jerry have one day to
Q141: The concepts of comparative advantage, specialization, and
Q142: Suppose an American worker can make 20
Q143: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8194/.jpg" alt=" Refer to the
Q145: Two countries will choose to specialize and
Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8194/.jpg" alt=" Consider the production
Q147: Suppose that a worker in Country A
Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8194/.jpg" alt=" Consider the production
Q149: Suppose an American worker can make 100