227. (Table) Based on the table:
A) B) C) D)
Canada faces increasing opportunity costs. Mexico faces increasing opportunity costs. both Canada and Mexico face constant opportunity costs. both Canada and Mexico face increasing opportunity costs.
228. (Table) Based on the table:
A) Mexico has an absolute advantage over Canada in producing both steel and airplanes. B) Canada has an absolute advantage over Mexico in producing both steel and airplanes. C) Mexico has a comparative advantage in producing steel. D) Canada has a comparative advantage in producing airplanes.
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