QUESTION IMAGE
Question
multiple choice question
brazil, india, and china can grow sugarcane efficiently and inexpensively, whereas the united states can build airplanes efficiently. brazil, india, and china have ________ advantage over the united states in producing sugarcane.
an absolute
a comparative
a countertrade advantage
no
Absolute advantage refers to the ability to produce a good more efficiently (with lower cost or higher output) than another entity. The question states Brazil, India, and China can grow sugarcane efficiently and inexpensively, while the U.S. is efficient at airplanes. This matches the definition of absolute advantage for sugarcane production by these three countries over the U.S. Comparative advantage involves lower opportunity cost, which is not referenced here.
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an absolute