If the USEnjoys an Absolute Advantage in Agriculture Compared to Every Other

question 267

Multiple Choice

If the U.S.enjoys an absolute advantage in agriculture compared to every other country in the world,then

• A)agricultural production will take place only in the U.S.
• B)the U.S.necessarily has a comparative advantage in agriculture.
• C)the U.S.may or may not have a comparative advantage in agriculture.
• D)the U.S.necessarily does not have a comparative advantage in agriculture.

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The granting of a legal right to an inventor to exclude others from making, using, or selling their invention for a limited period.

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