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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Definitions:

High Performers

Individuals who consistently exceed standard performance expectations in their roles, contributing significantly to organizational goals.

Stars

In business, it refers to products or business units with high market growth and high market share in a competitive industry.

Growth

Describes the process of increasing in size, value, or importance, typically used in economic and business contexts to refer to the expansion of companies or economies.

Resource Investments

The allocation of resources, such as time, money, or materials, into projects or activities with the expectation of achieving returns.