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The following data show the number of hours it takes in Brazil and Colombia, using one unit of resources, to produce one ton of coffee

The following data show the number of hours it takes in Brazil and Colombia, using one unit of resources, to produce one ton of coffee or one ton of cocoa. Coffee Cocoa Brazil 5 hours 3 hours Colombia 6 hours 3 hours Which of the following statements are true? Brazil has a comparative advantage in producing coffee Colombia has an absolute advantage in producing coffee Brazil has an absolute advantage in producing cocoa Colombia has a comparative advantage in producing cocoa

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