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If France is said to have an absolute advantage over Brazil in the production of natural gas, this means that, given the same resources, A.) Brazil must have an absolute advantage in producing some good other than natural gas. B.) France can produce more natural gas than Brazil. C.) Brazil must have a comparative advantage over France in the production of natural gas. D.) France must have an absolute advantage over Brazil in producing all goods. E.) France has an absolute advantage in all goods that are complements to natural gas.

          If France is said to have an absolute advantage over Brazil in the production of natural gas, this means that, given the same resources,
A.) Brazil must have an absolute advantage in producing some good other than natural gas.
B.) France can produce more natural gas than Brazil.
C.) Brazil must have a comparative advantage over France in the production of natural gas.
D.) France must have an absolute advantage over Brazil in producing all goods.
E.) France has an absolute advantage in all goods that are complements to natural gas.

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Added by Samantha G.

Principles of Economics

Gregory Mankiw 8th Edition

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Solved by Expert William F

07/11/2022

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Step 1: Absolute advantage means that one country can produce a good more efficiently or in greater quantity than another country, given the same resources. Show more…

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If France is said to have an absolute advantage over Brazil in the production of natural gas, this means that, given the same resources, A.) Brazil must have an absolute advantage in producing some good other than natural gas. B.) France can produce more natural gas than Brazil. C.) Brazil must have a comparative advantage over France in the production of natural gas. D.) France must have an absolute advantage over Brazil in producing all goods. E.) France has an absolute advantage in all goods that are complements to natural gas.

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