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Use the Accompanying Table to Answer the Following Questions

Question 23

Multiple Choice

Use the accompanying table to answer the following questions.
Table 3-4
Use the accompanying table to answer the following questions. Table 3-4 -According to Table 3-4: A) England has a comparative advantage in bread, and Spain has an absolute advantage in cheese B) England has a comparative advantage in bread, and Spain has an absolute advantage in neither goods C) England has a comparative advantage in cheese, and Spain has an absolute advantage in both goods D) England has a comparative advantage in both goods, and Spain has an absolute advantage in cheese
-According to Table 3-4:


A) England has a comparative advantage in bread, and Spain has an absolute advantage in cheese
B) England has a comparative advantage in bread, and Spain has an absolute advantage in neither goods
C) England has a comparative advantage in cheese, and Spain has an absolute advantage in both goods
D) England has a comparative advantage in both goods, and Spain has an absolute advantage in cheese

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