Refer to the Information Provided in Figure 19

question 83

Multiple Choice

Refer to the information provided in Figure 19.1 below to answer the questions that follow.
Figure 19.1
-Refer to Figure 19.1.Which of the following statements is TRUE?

• A)The United States has both an absolute advantage and a comparative advantage in the production of soybeans and alfalfa.
• B)The United States has an absolute advantage in the production of soybeans and alfalfa,but a comparative advantage only in the production of soybeans.
• C)The United States has an absolute advantage in the production of soybeans and alfalfa,but a comparative advantage only in the production of alfalfa.
• D)The United States has a comparative advantage in the production of both soybeans and alfalfa,but an absolute advantage only in the production of soybeans.

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Definitions:

Concept

An abstract idea or a mental symbol typically associated with a fundamental characteristic of something.

Contextual Intelligence

The ability to understand the limits of our knowledge and adapt that knowledge to an environment different from the one in which it was developed.

Phonemes

The smallest unit of sound in a language that serves to distinguish one word from another.

Morphemes

The smallest grammatical units in a language that carry meaning or function, such as "un-", "-ing", or "cat".