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Question 101

Multiple Choice

Use the following to answer questions : Use the following to answer questions : -(Table: Production Possibilities for the United States and Canada) Look at the table Production Possibilities for the United States and Canada. Both nations can produce cars and lumber. If these nations trade, Canada has the comparative advantage in _____ and should trade _____ to the United States in exchange for _____. A) cars; cars; lumber B) lumber; lumber; cars C) lumber; cars; lumber D) cars; lumber; cars
-(Table: Production Possibilities for the United States and Canada) Look at the table Production Possibilities for the United States and Canada. Both nations can produce cars and lumber. If these nations trade, Canada has the comparative advantage in _____ and should trade _____ to the United States in exchange for _____.


A) cars; cars; lumber
B) lumber; lumber; cars
C) lumber; cars; lumber
D) cars; lumber; cars

Correct Answer:

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