Refer to the Information Provided in Table 33

question 198

Multiple Choice

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1
-Refer to Table 33.1. Guatemala has

• A) a comparative advantage in orange production.
• B) an absolute advantage in orange production.
• C) an absolute advantage in banana production.
• D) a comparative advantage in banana production.

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Definitions:

Percent

A ratio or fraction out of 100 used to express quantities.

Standard Formats

Preset or widely accepted specifications followed in documents, files, or data to ensure compatibility and efficiency across different systems.

Control Size Button

A user interface component that allows users to adjust the size of a window or a UI element on the screen.

Horizontal Resize Pointer

A cursor icon indicating that the user can click and drag to adjust the width of an element such as a window, column, or panel.