Multiple Choice
Table 34-3
Output Per Unit Labor Input
Cotton
Wheat
Egypt
10
2
United States
20
20
-The data in Table 34-3 indicate that the United States has
A) an absolute advantage in both goods, and a comparative advantage in cotton.
B) an absolute advantage in both goods, and a comparative advantage in wheat.
C) only a comparative advantage in wheat.
D) only a comparative advantage in cotton.
Correct Answer:
Verified
Correct Answer:
Verified
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