Multiple Choice
Figure 3-4 
-Refer to Figure 3-4. Which of the following is correct?
A) Ben has an absolute advantage in wine, and Jerry has an absolute advantage in neither good.
B) Ben has an absolute advantage in beer, and Jerry has an absolute advantage in wine.
C) Ben has an absolute advantage in wine, and Jerry has an absolute advantage in beer.
D) Ben has an absolute advantage in neither good, and Jerry has an absolute advantage in both goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-5
Q65: It takes Russell 6 hours to produce
Q65: What should a country do if it
Q68: Figure 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-4
Q71: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-6
Q72: What are imports?<br>A)people who work in foreign
Q74: For a country producing 2 goods, the
Q99: Figure 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 3-2
Q109: Suppose that a worker in Boatland can
Q149: Trade allows a person to obtain goods