Suppose that Canada can produce 100,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek, while Germany can produce 90,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek. From these numbers, we can conclude:

Question

Quizplus · Accepted Answer

Canada can produce more hockey sticks than Germany with the same amount of resources, indicating a comparative advantage in hockey stick production.

Suppose That Canada Can Produce 100,000 Hockey Sticks or 10,000