Figure 34-5
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From the graph in Figure 34-5 (curves show output per unit of labor input), one can infer that
A. Japan has an absolute advantage in TVs and computers, but a comparative advantage only in TVs.
B. Japan has only a comparative advantage in TVs.
C. Japan has an absolute advantage in both TVs and computers, but a comparative advantage only in computers.
D. China has a comparative advantage in computers.
Answer: C
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What will be an ideal response?
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