Austna has 1000 production units Russia has 1000 production units 8 containers/unit 15 containers/unit 3 containers/unit 12 containers/unit over Russia in 4) Absolute Advantage: Austria has a/an a) absolute disadvantage:, digital cameras b) absolute disadvantage; snowboards c) absolute advantage; both cameras and snowboards d) none of the above 5) Comparative Advantage: Austria has a comparative advantage over Russia in the production of at a ratio of a) snowboards; 5 to 4 b) cameras; 8 to 3 c) snowboards; 8 to 3 d) cameras; 3 to 8 6) If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per 1 digital camera, how many cameras and snowboards will be available to be consumed in Austria if they trade 3,000 cameras to Russia? a) 9,000 snowboards and 5,000 digital cameras b) 3,000 snowboards and 3,000 digital cameras c) 3,000 snowboards and 9,000 digital cameras d) There is not enough information to answer this question. 7) If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per 1 digital camera, how many cameras and snowboards will be available to be consumed in Russia if they trade 9,000 snowboards to Austria? a) 9,000 snowboards and 5,000 digital cameras b) 3,000 snowboards and 9,000 digital cameras c) 3,000 snowboards and 3,000 digital cameras d) There is not enough information to answer this question. Austna has 1000 production units Russia has 1000 production units 8 containers/unit 15 containers/unit 3 containers/unit 12 containers/unit over Russia in 4) Absolute Advantage: Austria has a/an a) absolute disadvantage:, digital cameras b) absolute disadvantage; snowboards c) absolute advantage; both cameras and snowboards d) none of the above 5) Comparative Advantage: Austria has a comparative advantage over Russia in the production of at a ratio of a) snowboards; 5 to 4 b) cameras; 8 to 3 c) snowboards; 8 to 3 d) cameras; 3 to 8 6) If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per 1 digital camera, how many cameras and snowboards will be available to be consumed in Austria if they trade 3,000 cameras to Russia? a) 9,000 snowboards and 5,000 digital cameras b) 3,000 snowboards and 3,000 digital cameras c) 3,000 snowboards and 9,000 digital cameras d) There is not enough information to answer this question. 7) If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per 1 digital camera, how many cameras and snowboards will be available to be consumed in Russia if they trade 9,000 snowboards to Austria? a) 9,000 snowboards and 5,000 digital cameras b) 3,000 snowboards and 9,000 digital cameras c) 3,000 snowboards and 3,000 digital cameras d) There is not enough information to answer this