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Table 1 shows the production of corn and soy bean in China and Mexico. Table 1: Production of using1 acre of land for corn and

  1. Table 1 shows the production of corn and soy bean in China and Mexico.

Table 1: Production of using1 acre of land for corn and soy bean.

China

Mexico

Corn

8

2

Soy Bean

2

10

Referring to the above table, determine:

  1. Which country has an absolute advantage in producing corn and soy bean. Why?
  2. Which country has a comparative advantage in producing corn and soy bean. Why?

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