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Assume South Korea and Vietnam have the same amount of resources. In a given period, South Korea can produce 7 100,000 jackets or 1,000,000 shirts.

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Assume South Korea and Vietnam have the same amount of resources. In a given period, South Korea can produce 7 100,000 jackets or 1,000,000 shirts. Vietnam can produce 200,000 jackets or 2,000,000 shirts. This means that 00:59:32 Multiple Choice O Vietnam has an absolute advantage in both jackets and shirts. O Vietnam has a comparative advantage in shirts. O South Korea has an absolute advantage in jackets. O South Korea has a comparative advantage in jackets

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