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1. Given the following information: One Labor-Hour of Production: USA Croatia Soy 300 20 Toys 100 20 Demonstrate using the numbers above that a country

1. Given the following information:

One Labor-Hour of Production:

USA Croatia

Soy 300 20

Toys 100 20

Demonstrate using the numbers above that a country with an absolute productivity advantage for multiple products would find that producing multiple products domestically to be relatively less advantageous than specializing in a single product and trading to obtain other products.

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One Labor-Hour of Production:
	USA	Croatia
Soy	300	20
Toys	100	20