Multiple Choice
Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Country B can produce 8 yards of textiles or 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) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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