-Assuming That Opportunity Costs Are Constant, Which of the Following

question 257

Multiple Choice

-Assuming that opportunity costs are constant, which of the following is a correct statement? (See the above table.)

• A)The United States has a comparative advantage in bicycle production.
• B)The United States has a comparative advantage in producing both goods.
• C)Mexico has a comparative advantage in producing bicycles.
• D)Mexico has a comparative advantage in producing both goods.