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    Exam 3: Interdependence and the Gains from Trade.
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    Table 3-12 -Refer to Table 3-1.Relative to the Rancher,the Farmer Has a Rancher,the
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Table 3-12 -Refer to Table 3-1.Relative to the Rancher,the Farmer Has a Rancher,the

Question 99

Question 99

Multiple Choice

Table 3-12
Table 3-12    -Refer to Table 3-1.Relative to the rancher,the farmer has a comparative advantage in the production of A)  meat, but not in the production of potatoes. B)  potatoes, but not in the production of meat. C)  both meat and potatoes. D)  neither meat nor potatoes.
-Refer to Table 3-1.Relative to the rancher,the farmer has a comparative advantage in the production of


A) meat, but not in the production of potatoes.
B) potatoes, but not in the production of meat.
C) both meat and potatoes.
D) neither meat nor potatoes.

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