The infant industry argument is that A) comparative advantage ...

[clmills979]

The infant industry argument is that
 
  A) comparative advantage is irrelevant to economic growth.
  B) developing countries have a comparative advantage in agricultural goods.
  C) developing countries have a comparative advantage in manufacturing.
  D) developing countries have a potential comparative advantage in manufacturing.
  E) developing countries have no chance to compete with industrialized countries.

Question 2

Given the information in the table above, Home's opportunity cost of widgets is
 
  A) 0.5.
  B) 2.0.
  C) 6.0.
  D) 1.5.
  E) 3.0.

[Li Jun]

Answer to Question 1

D

Answer to Question 2

B

[clmills979]

Excellent

[ebonylittles]

Gracias!