Table 351
Full-Employment Output of Goods Based on the Information in Soybeans

question 16

Multiple Choice

$\begin{array}{|c|c|c|}\hline \text { Country } & \text { Tons of Soybeans } & \text { Computers } \\\hline \text { China } & 100 & 300 \\\hline \text { United States } & 150 & 750 \\\hline\end{array}$
Table 35.1
Full-Employment Output of Goods Based on the information in Table 35.1,assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods.From the information in Table 35.1,it is clear that

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

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Definitions:

High-density Polyethylene

A thermoplastic polymer made from the monomer ethylene, characterized by its strength, density, and resistance to moisture and chemicals.

Low-density Polyethylene

A type of polyethylene plastic characterized by its long branching chains, resulting in less dense and more flexible materials.

Poly(vinyl Alcohol)

A synthetic polymer obtained by the hydrolysis of polyvinyl acetate, widely used in textile and papermaking.

Polymerized

Describes a chemical process in which monomers are chemically bonded to form a polymer, a long molecule consisting of repeating units.