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Imagine that the table shows how many thousand shrimp and cheeseburgers the United States and Australia can produce per day. SHRIMP CHEESEBURGERS United States 100

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Imagine that the table shows how many thousand shrimp and cheeseburgers the United States and Australia can produce per day. SHRIMP CHEESEBURGERS United States 100 160 Australia 120 40 Which one of these conclusions can be drawn from the data? Australia has absolute advantage in cheeseburgers D The US has comparative advantage in shrimp Australia has comparative advantage in shrimp )Australia has comparative advantage cheeseburgers

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