Social Studies, 23.07.2019 07:00, paolaz80045

Country x and country y are the same size in terms of population, area, and capital stock. if both countries devote all of their efforts to producing widgets, country x can produce 10 million widgets, while country y can produce 5 million. based on the information given, country x has a) a monopoly on the production of widgets. b) an absolute advantage in producing widgets. c) a comparative advantage in producing widgets. d) a lower opportunity cost in the production of widgets.

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Country x and country y are the same size in terms of population, area, and capital stock. if both c...