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Consider a Ricardian model. There are two countries producing oils and autos. The table describes MPLs. Which of the following is correct? Oils Autos Country
Consider a Ricardian model. There are two countries producing oils and autos. The table describes MPLs. Which of the following is correct? Oils Autos Country 4 16 A Country 1 3 B O None of them has comparative advantage in autos. O Country B has comparative advantage in autos. O Country A has comparative advantage in both goods. O Both countries have comparative advantage in autos. O Country B has comparative advantage in both goods. O Country A has comparative advantage in autos
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