The graphs above show the production possibilities curves for the U.S. and Canada, which both produce cars and wheat. Based on the graphs above, which of the following is true?
A) The U.S. has an absolute advantage in both goods.
B) Canada has an absolute advantage in cars.
C) The U.S. has a comparative advantage in cars.
D) The U.S. has a comparative advantage in wheat.
C
Economics
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An advantage of a negative income tax is _____
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