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-Refer to the Above Table

Question 108

Multiple Choice

  -Refer to the above table. Assuming that opportunity costs are constant, which of the following is a correct statement? A)  The United States has a comparative advantage in TV production. B)  The United States has a comparative advantage in producing both goods. C)  Mexico has a comparative advantage in producing TVs. D)  Mexico has a comparative advantage in producing both goods.
-Refer to the above table. Assuming that opportunity costs are constant, which of the following is a correct statement?


A) The United States has a comparative advantage in TV production.
B) The United States has a comparative advantage in producing both goods.
C) Mexico has a comparative advantage in producing TVs.
D) Mexico has a comparative advantage in producing both goods.

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