Suppose firm ABC has access to fixed rate 7.5%, and floating rate of Euribor + 1.0%, while XYZ had access to fixed rate 6% and floating rate Euribor + 0.5%. For these two firms:

		ABC has a comparative advantage in fixed while XYZ has a comparative advantage in floating rates.
		XYZ has a comparative advantage in fixed while ABC has a comparative advantage in floating rates.
		Only XYZ has a comparative advantage, and it is both in fixed and in floating rates.
		Neither firm has a comparative advantage