Question

An article in the Wall Street Journal explained that despite rising national security tensions between the United States and China in 2023, trade between the two nations was rising. ''China is a dominant supplier of many products [to the United States]...including cellphones, personal computers and solar panels.'' In the article, Ed Gresser, a former assistant U.S. trade representative, is quoted as stating, ''China is very competitive at making things. They can provide very large quantities of products in a short amount of time.'' Source: Yuka Hayashi and Anthony DeBarros, ''U.S.-China Trade Grows as Spy Balloon Raises Tensions,'' Wall Street Journal, February 9, 2023. a. Can we conclude from this information that, relative to the United States, China has an absolute advantage or a comparative advantage in the production of cellphones, personal computers, and solar panels?

          An article in the Wall Street Journal explained that despite rising national security tensions between the United States and China in 2023, trade between the two nations was rising. ''China is a dominant supplier of many products [to the United States]...including cellphones, personal computers and solar panels.'' In the article, Ed Gresser, a former assistant U.S. trade representative, is quoted as stating, ''China is very competitive at making things. They can provide very large quantities of products in a short amount of time.''
Source: Yuka Hayashi and Anthony DeBarros, ''U.S.-China Trade Grows as Spy Balloon Raises Tensions,'' Wall Street
Journal,
February 9, 2023.
a. Can we conclude from this information that, relative to the United States, China has an absolute advantage or a comparative advantage in the production of cellphones, personal computers, and solar panels?

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