Refer to the information provided in Figure 33.2 below to answer the question(s) that follow. Figure 33.2
-Refer to Figure 33.2. England has an absolute advantage in producing
A) trucks.
B) both cars and trucks.
C) cars.
D) neither cars nor trucks.

Question

Refer to the information provided in Figure 33.2 below to answer the question(s) that follow.  Figure 33.2
-Refer to Figure 33.2. England has an absolute advantage in producing
A) trucks. 
B) both cars and trucks. 
C) cars. 
D) neither cars nor trucks.

Quizplus · Accepted Answer

England has a lower opportunity cost of producing trucks than cars, meaning it can produce more trucks with the same resources.

Refer to the Information Provided in Figure 33