According to the diagram about countries A and B, which of the following statement(s) is correct?...
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According to the diagram about countries A and B, which of the following statement(s) is correct? Good Y 100 80 Country B Country A 40 100 D) I, II, and III E) None of the above Good X 1. Country A has a comparative advantage in Good Y. II. Country B has an absolute advantage in both goods. III. Country B has a comparative advantage in Good X. A) I and II only B) I and III only C) II and III only According to the diagram about countries A and B, which of the following statement(s) is correct? Good Y 100 80 Country B Country A 40 100 D) I, II, and III E) None of the above Good X 1. Country A has a comparative advantage in Good Y. II. Country B has an absolute advantage in both goods. III. Country B has a comparative advantage in Good X. A) I and II only B) I and III only C) II and III only
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