QUESTION 31 Who has the comparative advantage the U.S. or the World in producing airplanes based upon the graph below? Price (millions of dollars per airplane) 200 150 100 50 0 Price rises Quantity bought Quantity bought decreases 200 Quantity exported 400 Quantity produced increases O The world O the European Union (EU) O both are the same O U.S. (b) Equilibrium in a market with exports Dus Sus World price Quantity produced 600 700 800 Quantity (airplanes per year)

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