History

12 June, 04:53

Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, and Country A imports cotton from Country B. Which of the following is inferred? The opportunity cost of producing milk is lower for Country A. The opportunity cost of producing cotton is higher for Country B. Country A has a natural resource advantage in cotton. Country B has a natural resource advantage in milk.

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

What was Reagan's role in the Cold War? What are some areas of the world that were focused on?

Was Cuban revolution success

What was one way that the government exerted power to reduce debate and dissent over U. S participation in World War 1?

Who led the spanish military in a revolt against the democratic government

Who is Monica Lewinsky

New Questions in History

9. For impeachment proceedings to begin, a president has to be accused of A. not listening to Congress. B. a crime. C. lying. D. going to war. Student Answer: A Answer: Incorrect

What was the name of the tactic used by the Americans when they would appear suddenly, fire, and disappear

A small settlement formed along the Nile River following the Neolithic Revolution. As the settlement grew, it developed complex social institutions and advanced technology.

Why did some americans not support the revolution?

Why can Lafayette be considered an improbable leader to the American Revolution