Figure 3-19
Chile's Production Possibilities Frontier
Colombia's Production Possibilities Frontier
-Refer to Figure 3-19.Chile has an absolute advantage in the production of
A)coffee and Colombia has an absolute advantage in the production of soybeans.
B)soybeans and Colombia has an absolute advantage in the production of coffee.
C)both goods and Colombia has an absolute advantage in the production of neither good.
D)neither good and Colombia has an absolute advantage in the production of both goods.

Question

Figure 3-19
Chile's Production Possibilities Frontier
Colombia's Production Possibilities Frontier  
-Refer to Figure 3-19.Chile has an absolute advantage in the production of
A)coffee and Colombia has an absolute advantage in the production of soybeans. 
B)soybeans and Colombia has an absolute advantage in the production of coffee. 
C)both goods and Colombia has an absolute advantage in the production of neither good. 
D)neither good and Colombia has an absolute advantage in the production of both goods.

Quizplus · Accepted Answer

The Answer of Figure 3-19
Chile's Production Possibilities Frontier
Colombia's Production Possibilities Frontier  
-Refer to Figure 3-19.Chile has an absolute advantage in the production of
A)coffee and Colombia has an absolute advantage in the production of soybeans. 
B)soybeans and Colombia has an absolute advantage in the production of coffee. 
C)both goods and Colombia has an absolute advantage in the production of neither good. 
D)neither good and Colombia has an absolute advantage in the production of both goods.

Figure 3-19 Chile's Production Possibilities Frontier