Multiple Choice
Table 3-6
-Refer to Table 3-6. Which of the following is correct?
A) England has an absolute advantage in bread and Spain has an absolute advantage in cheese.
B) England has an absolute advantage in cheese and Spain has an absolute advantage in bread.
C) England has an absolute advantage in neither good and Spain has an absolute advantage in both goods.
D) England has an absolute advantage in both goods and Spain has an absolute advantage in neither good.
Correct Answer:
Verified
Correct Answer:
Verified
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