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(Table: Output in the United States and China) Which of the Following

Question 162

Multiple Choice

(Table: Output in the United States and China) Which of the following statements is correct? (Table: Output in the United States and China) Which of the following statements is correct? A) The United States has an absolute advantage in both apparel and wheat and a comparative disadvantage in wheat. B) China has an absolute advantage in both apparel and wheat and a comparative advantage in apparel. C) The United States has an absolute disadvantage in both apparel and wheat and a comparative advantage in wheat. D) China has an absolute disadvantage in both apparel and wheat and a comparative advantage in apparel.


A) The United States has an absolute advantage in both apparel and wheat and a comparative disadvantage in wheat.
B) China has an absolute advantage in both apparel and wheat and a comparative advantage in apparel.
C) The United States has an absolute disadvantage in both apparel and wheat and a comparative advantage in wheat.
D) China has an absolute disadvantage in both apparel and wheat and a comparative advantage in apparel.

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