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Table 3-4 -According to Table 3-4:
A)England Has an Absolute Advantage in unit

Question 124

Multiple Choice

Table 3-4
 Labour hours needed to make one unit of:  Amount Produced in 40 hours:  Cheese  Bread  Cheese  Bread  England 3213.320 Spain 15408\begin{array}{|l|c|c|c|c|}\hline&\text { Labour hours needed to make one unit of: }&&\text { Amount Produced in } 40 \text { hours: }\\\hline & \text { Cheese } & \text { Bread } & \text { Cheese } & \text { Bread } \\\hline \text { England } & 3 & 2 & 13.3 & 20 \\\hline \text { Spain } & 1 & 5 & 40 & 8 \\\hline\end{array}
-According to Table 3-4:


A) England has an absolute advantage in bread, and Spain has an absolute advantage in cheese
B) England has an absolute advantage in cheese, and Spain has an absolute advantage in bread
C) England has an absolute advantage in both goods, and Spain has an absolute advantage in neither goods
D) Neither England nor Spain has an absolute advantage

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