Y5

Consider the following three countries. Each country can produce wheat, sheep, ore, brick, or wood, The table given below shows the production per worker in each country. Each country has an equal number of workers. Rodsitan Whiteny Blueland Wheat Shoop MIN Ora GONN Brick Wood Blueland has an absolute advantage in the production of wheat In terms of the opportunity cost of sheep, Redistan has a comparative advantage in the production of Brick Suppose a fourth country (Yellowlia) offers to give a unit of ore in exchange for one of wood, Given this information; will prefer to trade with Yellowla