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49. Comparative Advantage Based on the information below choose the best answer: Argentina and Brazil each have 10,000 hours of labor per month. In Argentina,
49. Comparative Advantage Based on the information below choose the best answer: Argentina and Brazil each have 10,000 hours of labor per month. In Argentina, producing one pound coffee requires 2 hours producing one bottle wine requires 4 hours In Brazil, producing one pound coffee requires 1 hour producing one bottle wine requires 5 hours Argentina has a comparative advantage in coffee production and Brazil has a comparative advantage in wine production. O Neither has comparative advantage Argentina has a comparative advantage in wine production and Brazil has a comparative advantage in coffee production. O Argentina has a absolute advantage in coffee production and Brazil has a absolute advantage in wine production
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