If with One Unit of Labor the U

question 49

Multiple Choice

If with one unit of labor the U.S. can produce 20 units of computer software and 10 units of computer hardware and China can produce 5 units of software and 5 units of hardware then

• A)the United States has a comparative and absolute advantage in both goods.
• B)China has a comparative and absolute advantage in both goods.
• C)the United States has an absolute advantage in both goods.
• D)the United States has a comparative advantage in both goods.

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