Question
Imagine a scenario in which two countries, Ashaw and Cweb produce two identical products - clarinets and drumsticks, with identical resources and identical time, Ashaw
Imagine a scenario in which two countries, Ashaw and Cweb produce two identical products - clarinets and drumsticks, with identical resources and identical time, Ashaw can produce 25 drumsticks and 75 clarinets and Cweb can produce 10 drumsticks and 20 clarinets. Cweb has an absolute advantage in
a.
neither good and Ashaw has an absolute advantage in both goods.
b.
clarinets and Ashaw has an absolute advantage in drumsticks.
c.
both goods and Ashaw has an absolute advantage in neither good.
d.
drumsticks and Ashaw has an absolute advantage in ballet slippers.
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