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Table 3-6 -Refer to Table 3-5.Which Country Has an Absolute or Comparative

Question 107

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Table 3-6
Table 3-6 -Refer to Table 3-5.Which country has an absolute or comparative advantage in each product? A) England has an absolute advantage in bread, and Spain has a comparative advantage in bread. B) England has an absolute advantage in bread, and Spain has a comparative advantage in neither good. C) England has an absolute advantage in cheese, and Spain has a comparative advantage in both goods. D) England has an absolute advantage in both goods, and Spain has a comparative advantage in cheese.
-Refer to Table 3-5.Which country has an absolute or comparative advantage in each product?


A) England has an absolute advantage in bread, and Spain has a comparative advantage in bread.
B) England has an absolute advantage in bread, and Spain has a comparative advantage in neither good.
C) England has an absolute advantage in cheese, and Spain has a comparative advantage in both goods.
D) England has an absolute advantage in both goods, and Spain has a comparative advantage in cheese.

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