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Say that Great Britain can produce 32 units of food per person per year or 16 units of clothing per person per year, but France
Say that Great Britain can produce 32 units of food per person per year or 16 units of clothing per person per year, but France can produce 36 units of food per year or 18 units of clothing. Which of the following is true? Great Britain has both an absolute and a comparative advantage in producing food France has both an absolute and a comparative advantage in producing clothing. Great Britain has an absolute but not a comparative advantage in producing food. France has an absolute but not a comparative advantage in producing clothing
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