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Use the information in the following table on labour productivities in the US and China. Output per hours work Steel us 6 chaina 9 Textile
Use the information in the following table on labour productivities in the US and China. Output per hours work Steel us 6 chaina 9 Textile us 9 chaina 10 Based on the information provided, we can conclude that China has absolute advantage in producing steel China has absolute advantage in producing textiles China has comparative advantage in producing steel all of the above statements are true none of the above statements are true
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