Multiple Choice
Figure 3-8
-Refer to Figure 3-8.Chile has a comparative advantage in the production of
A) coffee and Colombia has a comparative advantage in the production of soybeans.
B) soybeans and Colombia has a comparative advantage in the production of coffee.
C) both goods and Colombia has a comparative advantage in the production of neither good.
D) neither good and Colombia has a comparative advantage in the production of both goods.
Correct Answer:
Verified
Correct Answer:
Verified
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