8. Table 1 on the next page gives the labor requirements to produce each good in each country (i.e., the number of workers required to produce one million tons of corn or one million tons of potatoes). What can be said regarding comparative advantage?-1 potato is worth 5 corn in the US, while 1 potato is worth 8 corn in Mexico, so potatoes have a lower opportunity cost in the US. a. Mexico has a comparative advantage in potatoes b. US has a comparative advantage in corn US has a comparative advantage in corn and Mexico has a comparative advantage in potatoes None of the other alternatives US has a comparative advantage in potatoes and Mexico has a comparative advantage in corn Table 1 US Mexico Corn 4 5 Potatoes 20 40