The following table represents the production possibilities in two countries: Which country has a comparative advantage at

Question:

The following table represents the production possibilities in two countries:

Which country has a comparative advantage at producing Good X? How can you tell?
Which country has a comparative advantage at producing GoodY?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

Question Posted: Feb 07, 2013 06:16 AM

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The following table represents the production possibilities in two countries: Which country has a comparative advantage at

Question:

Country B Country A Good Y 24 18 12 Good X Good Y 32 24 16 Good X 12 16 12 16

Step by Step Answer:

Country B has a comparative advantage over the prod...View the full answer

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