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Consider the following Table representing the number of hours to make 1 unit of Soybeans and Textiles in Country A and Country B: A B
Consider the following Table representing the number of hours to make 1 unit of Soybeans and Textiles in Country A and Country B: A B S 1 2 T 2 1 Match the following prompts: Prompt 1Price of S in B Answer for prompt 1 Price of S in B Prompt 2Price of T in A Answer for prompt 2 Price of T in A Prompt 3Who has the comparative disadvantage at T? Answer for prompt 3 Who has the comparative disadvantage at T? Prompt 4Who has the absolute advantage at T? Answer for prompt 4 Who has the absolute advantage at T? Prompt 5What are the per-unit gains from specialization based on absolute advantage in the Textile sector
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