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assume the following about us and Switzerland in the production of iPods Question 3 of 10 (-10 Points) Question: The U.S. has over Switzerland in

assume the following about us and Switzerland in the production of iPods
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Question 3 of 10 (-10 Points) Question: The U.S. has over Switzerland in the production of Assume the following information about U.S. and Switzerland for the production ofcases of iPods and fine handmade watches. With one unit of production (a mixture ofland, labor, capital, and technology)the U.S. can produce 12 cases ofiPods or 8 handmade watches. Switzerland can produce 8 cases ofiPods or 12 handma de watches with each unit ofproduction. Each country dedicates a total of 1000 units of production foriPods and watches. This information is reproduced in the following table Hand Crafted Watches iPods (Cases) 12 Country Switzerland 12 O A Both a comparative and absolute advantage B Acomparative advantage only O c An absolute advantage only O D No advantage whatsoever

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