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The table below gives the production of food and clothing for two countries, Mexico and the United States. Use the table to answer the following
The table below gives the production of food and clothing for two countries, Mexico and the United States. Use the table to answer the following questions A. Does either country have an absolute advantage for food? for clothing? B. What is the oppotunity cost of food for the Mexico and for the U.S.? C. Which country has the comparative advantage in producting food? How do you know? TABLE: Food (In millions of tons) Mexico 150 United States 200 Clothing (in millions of items) Mexico 450 United States 200
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