Assume that U.S. producers can manufacture cookies at a lower opportunity cost than Mexican producers. If this is the case

A. Mexico would have the comparative advantage in all products compared to the United States.
B. Mexico could still have the comparative advantage in cookie production.
C. it would still be possible for Mexico to have a comparative advantage in trade for some other products.
D. it will not be possible for Mexico to have an comparative advantage in the production of any other products.


Answer: C

Economics

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