Multiple Choice
Country B can produce 10 yards of textiles and 6 pounds of food per unit of input.Country A can produce 8 yards of textiles and 5 pounds of food per unit of input.
A) Country A is relatively more efficient than Country B in the production of textiles
B) Country B is relatively more efficient than Country A in the production of food
C) Country A has an absolute advantage over Country B in the production of food and textiles
D) Country B has an absolute advantage over Country A in the production of food and textiles.
Correct Answer:
Verified
Correct Answer:
Verified
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