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The following are different alternative Outputs from one day of Labor Input. Canada can produce 12 bushels of corn or 3 meters fabric. India can
The following are different alternative Outputs from one day of Labor Input. Canada can produce 12 bushels of corn or 3 meters fabric. India can produce 3 bushels of corn or 12 meters of fabric. From the data above, Canada: has an absolute advantage over India in the production of Fabric. has an absolute advantage over India in the production of corn. has a comparative advantage in the production of Fabric. should export Fabric to India
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
