Business
Business, 18.02.2020 20:24, chiah

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day. Which of the following statements is true? a. The United States has a comparative advantage in the production of shoes b. Canada has a comparative advantage in the production of shoes. c. Comparative advantage doesn't exist in this scenario. d. Both countries have a comparative advantage in the production of shoes

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Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand,...

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