Suppose Russia can produce either 600 pianos or 400 HDTVs, and Italy can produce either 300 pianos or 150 HDTVs. Implicitly, Russia has
A. An absolute but not necessarily a comparative advantage in HDTVs.
B. Neither a comparative nor an absolute advantage in HDTVs.
C. A comparative but not necessarily an absolute advantage in HDTVs.
D. Both an absolute and a comparative advantage in HDTVs.
Answer: C
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