The United States Has a Comparative Advantage in the Production

question 257

Multiple Choice

The United States has a comparative advantage in the production of wheat, and Haiti has a comparative advantage in the production of sugar. If both countries specialize based on the theory of comparative advantage

• A) only the production of wheat will increase.
• B) the production and consumption of both goods will increase.
• C) only the production of both goods will increase.
• D) only the consumption of both goods will increase.

---

Definitions:

Roosevelt Administration

Refers to the period of U.S. governance under President Franklin D. Roosevelt, known for the New Deal programs and leadership during World War II.

Economic Security

The situation where one has reliable financial resources or income to uphold their living standards both today and looking ahead.

Personal Freedom

The rights of individuals to act, speak, or think without hindrance or restraint, except in cases where actions harm others.