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Suppose that Country X can produce 32 units of good A per person per year or 14 units of good B per person per year.
Suppose that Country X can produce 32 units of good A per person per year or 14 units of good B per person per year. Country Y can produce 18 units of good A per person per year or 5 units of good B per person per year. Which of the following statements is the most accurate? a. Country X has both a comparative and an absolute advantage in producing good A. b. Country X has a comparative advantage, but not an absolute advantage, in producing good B. c. Country Y has a comparative advantage, but not an absolute advantage, in producing good A. d. Country Y has an absolute advantage, but not a comparative advantage, in producing good B
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