Multiple Choice
Table 3-3
-According to Table 3-3:
A) Europe has a comparative advantage in aeroplanes, and the US has an absolute advantage in cars
B) Europe has a comparative advantage in cars, and the US has an absolute advantage in aeroplanes
C) Europe has a comparative advantage in cars, and the US has an absolute advantage in neither goods
D) Europe has a comparative advantage in aeroplanes, and the US has an absolute advantage in both goods
Correct Answer:

Verified
Correct Answer:
Verified
Q89: Is the statement 'international trade can make
Q90: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q91: The producer who requires a smaller quantity
Q92: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text
Q93: A Korean worker can produce 10 cars
Q95: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q96: One reason trade benefits both parties is
Q97: Table 3-1<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q98: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q99: Trade is not based on absolute advantage;