Multiple Choice
-Assuming that opportunity costs are constant, which of the following is a correct statement? (See the above table.)
A) The United States has a comparative advantage in bicycle production.
B) The United States has a comparative advantage in producing both goods.
C) Mexico has a comparative advantage in producing bicycles.
D) Mexico has a comparative advantage in producing both goods.
Correct Answer:

Verified
Correct Answer:
Verified
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