Business, 10.10.2021 17:30 hlhunter11p8f0o0

Hours to Produce One Unit Worker hours to produce yarnWorker hours to produce fabricWorker hours to produce fabric instead of yarn
Country A
8
12
?
Country B
4
13
?

Two countries are involved in textile production. Look at the table. Which of the following is true?
Country A has an absolute advantage over Country B in both yarn and fabric production
Country A has a comparative advantage over Country B in fabric production
Country B has an absolute advantage over Country A in fabric production
Country B has a comparative advantage over Country A in fabric production

Answers: 3

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