Multiple Choice
Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day.A Bangladeshi worker,on the other hand,can produce 100 pairs of gloves or grow 200 radishes per day.Using the concepts of absolute and comparative advantage,we can say that:
A) the United States has the comparative advantage in the production of both gloves and radishes.
B) the United States has the comparative advantage in neither the production of gloves nor radishes.
C) the United States has the comparative advantage in the production of gloves only.
D) the United States has the comparative advantage in the production of radishes only.
Correct Answer:
Verified
Correct Answer:
Verified
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