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Refer to the Information Provided in Table 18

Question 53

Multiple Choice

Refer to the information provided in Table 18.1 below to answer the questions that follow.
Table 18.1 Refer to the information provided in Table 18.1 below to answer the questions that follow. Table 18.1   -Refer to Table 18.1. Guatemala has A)  a comparative advantage but not an absolute advantage in orange production. B)  a comparative advantage but not an absolute advantage in banana production. C)  an absolute advantage and a comparative advantage in banana production. D)  an absolute advantage and a comparative advantage in orange production.
-Refer to Table 18.1. Guatemala has


A) a comparative advantage but not an absolute advantage in orange production.
B) a comparative advantage but not an absolute advantage in banana production.
C) an absolute advantage and a comparative advantage in banana production.
D) an absolute advantage and a comparative advantage in orange production.

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