Suppose that in Spain, it takes 1 hour of labour to harvest 1 kg of olives and 3 hours of labour to harvest 1 kg of oranges. Further, suppose that in Greece it takes 2 hours of labour to harvest 1 kg of olives and 4 hours of labour to harvest 1 kg of oranges. Which of the following statements is TRUE? Select one: a. Greece has a comparative advantage in producing olives. O b. Greece has a comparative advantage in producing oranges. C. Spain has a comparative advantage in producing both goods. O d. Greece has an absolute advantage in producing both goods. Your answer is incorrect. The correct answer is: Greece has a comparative advantage in producing oranges