Question

In southern California, there are banana plantations. These plantations cannot produce all the bananas consumed by persons in the U.S. The fact that the U.S. grows and sells bananas gives it a comparative advantage in bananas. It is not an absolute advantage and that is why we choose to import bananas from other countries, as well. true false

Answer 1

Answer:

False

Explanation:

The Given Statement is False because the US does not have a comparable advantage or absolute advantage in Bananas. US cannot produce bananas as efficiently as other nations ( comparative advantage) and The US is not the only nation in the world to produce bananas. This called absolute advantage.