Complete the opportunity cost Tables and Indicate Which country has a comparative advantage in each good?

A1.Output per worker day A2. Opportunity cost(4 answers, one in each box/cell)

Country	Australia	UK
Millet	100	50
Gold	20	100

Country	Australia	UK
Millet	1 millet =1/5 Gold	1 millet = 2 Gold
Gold	1 Gold=5 Millet	1 Gold =1/2 millet

CA for Australia is in Millet

CA for UK is in Gold

B1. Output per worker day B2. Opportunity cost (4 answers)

Country	Spain	Portugal
Cotton	200	60
Timber	40	20

Country	Spain	Portugal
Cotton	1 cotton = 1/5 Timber	1 cotton = 1/3 Timber
Timber	1 Timber = 5 Cotton	1 Timber = 3 Cotton

CA for Spain _____Is in cotton

CA for Portugal __is in Timber

C.1.Opportunity cost per unit of output

Country	Finland	Sweden
Diamonds	500	100
Rice	50	20

Country	Finland	Sweden
Diamond	1 Diamond =1/10 Rice	1 Diamond =1/5 Rice
Rice	1 Rice = 10 Diamond	1 Rice = 5 Diamond

C2.Opportunity cost (4 answers)

CA for Finland is in Diamond

CA for Sweden is in Rice