Question
The U.S. can produce 30 blankets and 15 chairs. Germany can produce 10 blankets and 12 chairs. Who has the absolute advantage in blankets? options:
The U.S. can produce 30 blankets and 15 chairs. Germany can produce 10 blankets and 12 chairs. Who has the absolute advantage in blankets? options:
| a | Germany. |
| b | U.S. |
| c | Neither. |
| d | Not enough information to know. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
