Solved

If Labour in Mexico Is Less Productive Than Labour in the United

Question 12

Multiple Choice

If labour in Mexico is less productive than labour in the United States in all areas of production, which of the following is correct?


A) Neither nation can benefit from trade.
B) Mexico can benefit from trade but the United States cannot.
C) Mexico will not have a comparative advantage in any good.
D) Both nations can benefit from trade.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: A rancher can produce only hamburgers, while

Q8: Figure 3-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-6

Q9: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3

Q10: Table 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-2

Q13: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-5

Q14: Using all available resources, if a farmer

Q15: Figure 3-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-1

Q16: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-2

Q17: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3

Q18: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-2