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Figure 3.1China - US Trade Possibilities

Question 133

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Figure 3.1China - US Trade Possibilities
Figure 3.1China - US Trade Possibilities    -Considering Figure 3.1 which of the following would be true? A)  China has more of both labor and capital than the US. B)  The US has more of both labor and capital than China. C)  The US is relatively capital abundant and China is relatively labor abundant. D)  The US is relatively labor abundant and China id relatively capital abundant.
-Considering Figure 3.1 which of the following would be true?


A) China has more of both labor and capital than the US.
B) The US has more of both labor and capital than China.
C) The US is relatively capital abundant and China is relatively labor abundant.
D) The US is relatively labor abundant and China id relatively capital abundant.

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