Economics Question:

TheU.S. can produce either 18 bikes or 6 computers. Mexico can produce either 10 bikes or 5 computers.

1a. Who has absolute advantage in bikes? Who has absolute advantage in computers?

1b. Draw a table using the information above to solve for comparative advantage.

1c. Who has the comparative advantage in computers? How do you know?

1d. Who has the comparative advantage in bikes? How do you know?

1e. Who will export bikes? How do you know?

1f. Who will import computers? How do you know?