Table 3-24 Assume That England and Spain Can Switch Between Producing Cheese

question 68

Multiple Choice

Table 3-24
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.
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-Refer to Table 3-24. England has a comparative advantage in the production of

• A)cheese and Spain has a comparative advantage in the production of bread.
• B)bread and Spain has a comparative advantage in the production of cheese.
• C)both goods and Spain has a comparative advantage in the production of neither good.
• D)neither good and Spain has a comparative advantage in the production of both goods.

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