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79ed 79ed
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Posts: 3131
8 years ago
A third country, Funland, also produces food and drinks. In Funland, one resource unit produces 8 tons of food and 6 tons of drinks. Which of the following is true about Funland, Foodland, and Drinkland?
A) Funland has an absolute advantage in producing food.
B) Funland has a comparative advantage in producing food.
C) Funland has an absolute advantage in producing drinks.
D) Funland has a comparative advantage in producing drinks.
Textbook 
International Business: The Challenges of Globalization

International Business: The Challenges of Globalization


Edition: 7th
Author:
Read 181 times
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kelbakelba
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Posts: 3570
8 years ago
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79ed Author
wrote...
8 years ago
Phenomenal!
wrote...
8 years ago
This question was tough, thank you for the feedback... also, please mark as solved
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