Solved

-The Data in Table 22-3 Indicate That the United States

Question 57

Multiple Choice


 
       -The data in Table 22-3 indicate that the United States has A) an absolute advantage in both goods, and a comparative advantage in cotton. B) an absolute advantage in both goods, and a comparative advantage in wheat. C) only a comparative advantage in wheat. D) only a comparative advantage in cotton.
-The data in Table 22-3 indicate that the United States has


A) an absolute advantage in both goods, and a comparative advantage in cotton.
B) an absolute advantage in both goods, and a comparative advantage in wheat.
C) only a comparative advantage in wheat.
D) only a comparative advantage in cotton.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions