Multiple Choice
The table below shows the quantities of rice and wheat that two countries can produce in a year if they specialize in the production of each good.
-Refer to the table above.Which of the following is true in this case?
A) Country Y has an absolute advantage only in the production of wheat.
B) Country Y has an absolute advantage only in the production of rice.
C) Country X has a comparative advantage in the production of wheat.
D) Country X has a comparative advantage in the production of rice.
Correct Answer:

Verified
Correct Answer:
Verified
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