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C D 11. Suppose that in Belize, the opportunity cost of producing a sailboat is 5 hang gliders. In Honduras, the opportunity cost of
C D 11. Suppose that in Belize, the opportunity cost of producing a sailboat is 5 hang gliders. In Honduras, the opportunity cost of producing a sailboat is 8 hang gliders. (10 marks) a. What is the opportunity cost of producing a hang glider for Belize? (2 marks) b. What is the opportunity cost of producing a hang glider for Honduras? (2 marks) c. Which country has a comparative advantage in the production of hang gliders? (2 marks) d. Which country has a comparative advantage in the production of sailboats? (2 marks) e. Which country would specialize in the production of sailboats? (2 marks)
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