Submit All Question 18 of 20> The table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. Use this table to answer the question. Tons of steel Personal computers (PCs) Germany 40 South Korea 91 Which statement about absolute advantage is true? O South Korea has an absolute advantage in the production of both steel and PCs. O Neither country has an absolute advantage in the production of either good. O South Korea has an absolute advantage in the production of steel, whereas Germany has an absolute advantage in the production of PCs. Germany has an absolute advantage in the production of steel, whereas South Korea has an absolute advantage in the production of PCs. O Germany has an absolute advantage in the production of both steel and PCs. Unit 7- Chapter 1...xlsx Unit 7- Chapter 1.xlsx Topic 2 (2).docx O Topic 2 (1).docx Show all 11:09 PM 73 F SU prt sc delete end f12 6) 144 backspace -> unu Bock 9. R. enter pause ↑ shift ctri alt

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter33: International Trade
Section: Chapter Questions
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Question 18 of 20>
The table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. Use
this table to answer the question.
Tons of steel Personal computers (PCs)
Germany
40
South Korea
91
Which statement about absolute advantage is true?
O South Korea has an absolute advantage in the production of both steel and PCs.
O Neither country has an absolute advantage in the production of either good.
O South Korea has an absolute advantage in the production of steel, whereas Germany has an absolute advantage in the
production of PCs.
Germany has an absolute advantage in the production of steel, whereas South Korea has an absolute advantage in the
production of PCs.
O Germany has an absolute advantage in the production of both steel and PCs.
Unit 7- Chapter 1...xlsx
Unit 7- Chapter 1.xlsx
Topic 2 (2).docx
O Topic 2 (1).docx
Show all
11:09 PM
73 F
SU
prt sc
delete
end
f12
6)
144
backspace
->
unu
Bock
9.
R.
enter
pause
↑ shift
ctri
alt
Transcribed Image Text:Submit All Question 18 of 20> The table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. Use this table to answer the question. Tons of steel Personal computers (PCs) Germany 40 South Korea 91 Which statement about absolute advantage is true? O South Korea has an absolute advantage in the production of both steel and PCs. O Neither country has an absolute advantage in the production of either good. O South Korea has an absolute advantage in the production of steel, whereas Germany has an absolute advantage in the production of PCs. Germany has an absolute advantage in the production of steel, whereas South Korea has an absolute advantage in the production of PCs. O Germany has an absolute advantage in the production of both steel and PCs. Unit 7- Chapter 1...xlsx Unit 7- Chapter 1.xlsx Topic 2 (2).docx O Topic 2 (1).docx Show all 11:09 PM 73 F SU prt sc delete end f12 6) 144 backspace -> unu Bock 9. R. enter pause ↑ shift ctri alt
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