Multiple Choice
Table 3-5
-Refer to Table 3-5. Which of the following is correct?
A) Japan has a comparative advantage in airplanes and Canada has an absolute advantage in cars.
B) Japan has a comparative advantage in cars and Canada has an absolute advantage in airplanes.
C) Japan has a comparative advantage in cars and Canada has an absolute advantage in neither good.
D) Japan has a comparative advantage in airplanes and Canada has an absolute advantage in both goods.
Correct Answer:
Verified
Correct Answer:
Verified
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