-According to the above table, if these two countries trade
A) Mexico should import tablets and the United States import TVs.
B) the United States should import tablets and Mexico should import TVs.
C) the United States should export TVs and Mexico should export tablets.
D) we cannot tell which country should export which good without knowing the amount of labor utilized in each country.
Correct Answer:
Verified
Q50: The ability to produce an item at
Q51: The ability to produce the same quantity
Q52: Absolute advantage is
A) the ability to produce
Q53: Mary can clean 20 windows per hour
Q54: Which of the following is counted as
Q56: The ability to produce a good or
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