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Suppose the United States is able to produce 4 tons of potatoes per day or 2 tons of wheat per day whereas Ireland is able
Suppose the United States is able to produce 4 tons of potatoes per day or 2 tons of wheat per day whereas Ireland is able to produce 3 tons of potatoes per day and 1 ton of wheat per day. The United States has an absolute advantage in producing: Potatoes. Wheat. Both. Neither
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
