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Use the Following to Answer Questions

Question 142

Multiple Choice

Use the following to answer questions:
Figure: Steel and Lumber Use the following to answer questions: Figure: Steel and Lumber -(Figure: Steel and Lumber) In the PPF diagram, China has a comparative advantage in ________ and an absolute advantage in _______. A) lumber; neither of the goods B) steel; lumber C) steel; neither of the goods D) lumber; steel
-(Figure: Steel and Lumber) In the PPF diagram, China has a comparative advantage in ________ and an absolute advantage in _______.


A) lumber; neither of the goods
B) steel; lumber
C) steel; neither of the goods
D) lumber; steel

Correct Answer:

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