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.
Correct Answer:

Verified
Correct Answer:
Verified
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