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(Table: Output in the United States and China) Which of the Following

Question 95

Multiple Choice

(Table: Output in the United States and China) Which of the following statements is correct? (Table: Output in the United States and China)  Which of the following statements is correct?   A)  The United States has an absolute advantage in both apparel and wheat and a comparative disadvantage in wheat. B)  China has an absolute advantage in both apparel and wheat and a comparative advantage in apparel. C)  The United States has an absolute disadvantage in both apparel and wheat and a comparative advantage in wheat. D)  China has an absolute disadvantage in both apparel and wheat and a comparative advantage in apparel.


A) The United States has an absolute advantage in both apparel and wheat and a comparative disadvantage in wheat.
B) China has an absolute advantage in both apparel and wheat and a comparative advantage in apparel.
C) The United States has an absolute disadvantage in both apparel and wheat and a comparative advantage in wheat.
D) China has an absolute disadvantage in both apparel and wheat and a comparative advantage in apparel.

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