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Mexico Is Relatively Labor-Abundant Compared with the United States, Which

Question 156

Multiple Choice

Mexico is relatively labor-abundant compared with the United States, which is capital-abundant. Therefore, the United States has a comparative advantage in _____ compared with Mexico.


A) all goods
B) goods that are labor-intensive in production
C) goods that are capital-intensive in production
D) goods that are land-intensive in production

Correct Answer:

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