Table 3-5 -Refer to Table 3-5. Which of the Following Is Correct

question 42

Multiple Choice

Table 3-5

-Refer to Table 3-5. Which of the following is correct?

• A)Japan has a comparative advantage in airplanes and Canada has an absolute advantage in cars.
• B)Japan has a comparative advantage in cars and Canada has an absolute advantage in airplanes.
• C)Japan has a comparative advantage in cars and Canada has an absolute advantage in neither good.
• D)Japan has a comparative advantage in airplanes and Canada has an absolute advantage in both goods.

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Scheduling Tool

Software or methodologies used for planning and organizing work and tasks within a given timeframe, ensuring efficiency and time management.

Business Model

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Extinct

A term describing a species or condition that no longer exists anywhere on Earth.

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Refers to countries, regions, or economies that have achieved a high level of industrialization, technological advancement, and standard of living.