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principal of IT 2 Suppose Italy is now trying to produce apple and pen to compete with Germany worldwide. You are given the information shown

principal of IT

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2 Suppose Italy is now trying to produce apple and pen to compete with Germany worldwide. You are given the information shown in the table about production relationship in Italy and Germany. (1) Which country has an absolute advantage in producing pen? Why? (2) Which country has a comparative advantage in producing pen? Why? (3) Which country has an absolute advantage in producing pencil? Why? (4) Which country has a comparative advantage in producing pencil? Why

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