Business
Business, 19.02.2022 09:40, pepethefrog3

Assume England and Mauritania can both produce grain and dates, and that the only limited resource is the farming labor force, meaning that land, water, and all other resources are plentiful in both countries. Each farmer in England can produce 10 t of grain or 5 t of dates in a season. Each farmer in Mauritania can also produce 10 t of grain or 25 t of dates. Please answer the four questions. Which country has the absolute advantage in producing dates? Neither Mauritania England Which country has the absolute advantage in producing grain? Neither Mauritania England Which country has the comparative advantage in producing dates? Mauritania England Neither Which country has the comparative advantage in producing grain? Mauritania England Neither

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Assume England and Mauritania can both produce grain and dates, and that the only limited resource i...

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