Refer to Table 16.1. Which of the following statements is TRUE? A) Gu
Refer to Table 16.1. Which of the following statements is TRUE?
A) Guatemala has an absolute advantage in producing tomatoes.
B) Guatemala has an absolute advantage in producing beer.
C) Guatemala has a comparative advantage in producing beer.
D) Guatemala has a comparative advantage in producing tomatoes.
E) all of the above
ANSWER
C
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