Solved

Answer the Question(s)below Based on the Information in the Following

Question 26

Multiple Choice

Answer the question(s) below based on the information in the following table
Country
 Goods ABX39Y42\begin{array} { | c | c | c | } \hline \text { Goods } & \mathrm { A } & \mathrm { B } \\\hline \mathrm { X } & 3 & 9 \\\hline \mathrm { Y } & 4 & 2 \\\hline\end{array} (numbers indicate hours of labor per unit of output)
-Refer to the table above.Country A has absolute advantage in


A) Good X.
B) Good Y.
C) Neither X nor Y.
D) Both X and Y.

Correct Answer:

verifed

Verified

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

Related Questions