Canada and the U

question 134

Multiple Choice

Canada and the U.S.both produce wheat and computer software.Canada is said to have the comparative advantage in producing wheat if

• A)Canada requires fewer resources than the U.S.to produce a bushel of wheat.
• B)the opportunity cost of producing a bushel of wheat is lower for Canada than it is for the U.S.
• C)the opportunity cost of producing a bushel of wheat is lower for the U.S.than it is for Canada.
• D)the U.S.has an absolute advantage over Canada in producing computer software.

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Definitions:

Land Area

A measure of the total area of land a country, region, or property covers.

Solar Energy

Describes energy harnessed from the sun's rays, utilized to produce electricity or heating through technologies like solar panels and solar thermal collectors.

Wind Energy

A form of renewable energy that converts wind power into electricity or mechanical power.

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Specialists who study population dynamics, including its size, structure, and distribution.