Multiple Choice
based on the following information. A worker in the U.S. can produce either 5 machines per day or 15 yards of cloth. A worker in India can produce either 1 machine per day or 5 yards of cloth.
-Which of the following statements is false?
A) India has a comparative advantage in the production of cloth.
B) The U.S. has a comparative advantage in the production of machines.
C) The U.S. has an absolute advantage in the production of machines.
D) India has a comparative advantage in the production of machines.
E) India does not have a comparative advantage in either product.
Correct Answer:

Verified
Correct Answer:
Verified
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