Multiple Choice
Which of the following is an example of absolute advantage?
A) Japan makes cars more efficiently than the United States.
B) Germany makes cars more efficiently than the United States,and the United States makes software more efficiently than Germany.
C) The United States is likely to win in a trade war against either Germany or Japan.
D) Japan makes cars more efficiently than any other country.
E) All countries are equally efficient at making software.
Correct Answer:
Verified
Correct Answer:
Verified
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