Multiple Choice
-Refer to the above table. Assuming constant opportunity costs
A) Country X has a comparative advantage in the production of both goods.
B) Country Y has a comparative advantage in the production of both goods.
C) Country X has a comparative advantage in the production of Product A while Country Y has a comparative advantage in the production of Product B.
D) Country Y has a comparative advantage in the production of Product A while Country X has a comparative advantage in the production of Product B.
Correct Answer:
Verified
Correct Answer:
Verified
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