The Table Below Shows Units of Wheat and Cloth Produced

question 9

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1

-A country has a comparative advantage when the opportunity cost of producing a good in terms of:

• A)the monetary value of other forgone goods is lower than that of other nations.
• B)the monetary value of other forgone goods is greater than that of other nations.
• C)forgone output of other goods is higher than that of other nations.
• D)forgone output of other goods is lower than that of other nations.
• E)forgone output of other goods is equal to that of other nations.

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Definitions:

People

Human beings considered collectively, often within a specific context such as a community, nation, or demographic group.

Over

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Indigenous or original groups of people that share common cultural, linguistic, and historical traditions, often connected to specific geographical regions.

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