Comparative Advantage
Interactive Video
•
Social Studies
•
11th Grade
•
Hard
Lindsay Zarse
FREE Resource
4 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country has an absolute advantage in producing planes?
USA
China
Both countries
Neither country
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the per unit opportunity cost for the USA to produce one plane?
1/3 toy
3 toys
1/5 toy
5 toys
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country has a comparative advantage in producing toys?
USA
China
Both countries
Neither country
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following terms of trade for 1 plane would benefit both the USA and China?
2 toys
3 toys
4 toys
5 toys
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