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Refer to the Information Provided in Table 19

question 130

Multiple Choice

Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
Refer to the information provided in Table 19.1 below to answer the questions that follow. Table 19.1    -Refer to Table 19.1.Guatemala has A) a comparative advantage but not an absolute advantage in orange production. B) a comparative advantage but not an absolute advantage in banana production. C) an absolute advantage and a comparative advantage in banana production. D) an absolute advantage and a comparative advantage in orange production.
-Refer to Table 19.1.Guatemala has


Definitions:

Communications Facilities

Infrastructure and equipment used for the transmission, emission, or reception of signs, signals, writing, images, sounds, or information of any nature by wire, radio, optical, or other electromagnetic systems.

Industrial Plants

Facilities that contain machinery and equipment for manufacturing or processing goods and materials.

Lack of Infrastructure

Refers to the insufficiency or absence of physical and organizational structures and facilities required for the operation of a society or enterprise.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured as the rate of increase in real GDP.

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