In the problem just previous, company X
A)is probably British.
B)is probably American.
C)has a comparative advantage in borrowing pounds.
D)both a and c

Question

Quizplus · Accepted Answer

Since the problem states that company X has a comparative advantage in borrowing pounds, this suggests that the company is able to borrow pounds at a lower interest rate than other currencies. This could be because the company is located in the UK or has some other advantage in obtaining pounds. Additionally, since the problem does not specify where company X is located, it could potentially be British or American. Therefore, both options A and C cannot be definitively determined, but D is the best answer.

In the Problem Just Previous, Company X