Multiple Choice
If wage in country A is $6/hour and in country B is £2/hour,and the exchange rate between a $ and a £ is 1£=2$,then given the information in the table,which of the following is true?
A) Country A has comparative advantage in apples
B) Country A has comparative advantage in oranges
C) Country B has comparative advantage in apples
D) Country A and B both have comparative advantage in oranges
Correct Answer:

Verified
Correct Answer:
Verified
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