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Table 18-1 -From Table 18-1, the United States
A) Has an Absolute

Question 118

Multiple Choice

Table 18-1
 Alternate Outputs from One Day’s Labor Input  Wheat  Textiles  United States  (One person’s/day’s labor)  12 bushels  or 3 yards  Great Britain  (One person’s/day’s labor)   3 bushels  or 12 yards \begin{array}{r}\text { Alternate Outputs from One Day's Labor Input }\\\begin{array}{lll}& \text { Wheat } \quad\quad\quad\quad&& \text { Textiles } \quad\quad\quad\quad\\\hline \text { United States } \\ \text { (One person's/day's labor) } \quad\quad\quad& \text {12 bushels } & \text { or } & \text {3 yards } \\\\ \text { Great Britain } \\ \text { (One person's/day's labor) } & \text { 3 bushels } & \text { or } & \text {12 yards } \\\end{array}\end{array}

-From Table 18-1, the United States


A) has an absolute advantage over Great Britain in the production of textiles.
B) has an absolute advantage over Great Britain in the production of wheat.
C) has a comparative advantage in the production of textiles.
D) should export textiles to Great Britain.

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