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Hi there. I need help answering these 2 macroeconomics questions. No explanations needed. thanks QUESTION: 25. There are two terms involving trade that will appear

Hi there. I need help answering these 2 macroeconomics questions. No explanations needed. thanks

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QUESTION: 25. There are two terms involving trade that will appear on the actual AP Macroeconomics exam: 1. Absolute Advantage. A country can produce a good with fewer resources. 2. Comparative Advantage. A country can produce a good with lower opportunity cost. Which of these two terms determines whether world production is efficient? QUESTION: 26. Panel (a) Panel (b) Panel (c) South America's Production Possibilities Europe's Production Possibilities World Production Possibilities Computers per period Food per period Computers per period Food per period Computers per period Food per period 200 400 600 100 200 n me 200 100 400 400 0 400 200 0 600 G 600 600 600 500 500 500 400 400 0 400 Computers per period Computers per period 300 Computers per period 300 300 200 200 200 100 100 100 0 100 200 300 400 500 600 0 100 200 300 400 500 600 0 100 200 300 400 500 600 Food per period Food per period Food per period Figure 2-11, above, shows theoretical production possibilities curves in South America and Europe. What is the opportunity cost (in terms of computers) of producing one unit of food in each continent? Which continent has a comparative advantage in the production of food

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