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-Using the Data in the Above Table and Assuming Constant

Question 277

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  -Using the data in the above table and assuming constant opportunity costs, it is correct to state that A)  the United States has a comparative advantage in producing food. B)  Mexico has an absolute advantage in producing both food and cloth. C)  the United States has a comparative advantage in producing both food and cloth. D)  Mexico has a comparative advantage in producing cloth.
-Using the data in the above table and assuming constant opportunity costs, it is correct to state that


A) the United States has a comparative advantage in producing food.
B) Mexico has an absolute advantage in producing both food and cloth.
C) the United States has a comparative advantage in producing both food and cloth.
D) Mexico has a comparative advantage in producing cloth.

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