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z Consider the following production data for Italy and France: Italy France Labour force 50 180 Bottles of wine per worker 80 25 Wheels of
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Consider the following production data for Italy and France: Italy France Labour force 50 180 Bottles of wine per worker 80 25 Wheels of cheese per worker 8 2 Choose the best alternative based on the information from the previous Table Select one: O a. There is no incentive for trade in this economy O b. Italy has an absolute advantage in the production of wine O c. Italy has an absolute advantage in the production of cheese O d. Italy has a comparative advantage in the production of wine France has a comparative advantage in the production of cheese e Step by Step Solution
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