Assume the United States and Canada have the same amount of resources. In a given time period, the United States can produce 3 tons of steel or 300 tons of wheat. Canada can produce 4 tons of steel or 400 tons of wheat. This means that
A. The United States has a comparative advantage in steel.
B. Canada has an absolute advantage in both steel and wheat.
C. Canada has a comparative advantage in steel.
D. The United States has an absolute advantage in steel.
Answer: B
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