Business

30 July, 02:59

In one hour, the United States can produce 25 tons of steel or 250 automobiles. In one hour, Japan can produce 30 tons of steel or 275 automobiles. This information implies that:

A. the United States has a comparative advantage in the production of automobiles.

B. Japan has a comparative advantage in the production of both goods.

C. Japan has a comparative advantage in the production of automobiles.

D. the United States has an absolute advantage in the production of steel.

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