Given the following production possibilities schedules, it can be seen that: 
A) France has a comparative advantage in producing wine.
B) Germany can produce more machines than France.
C) France has a comparative advantage in producing machines.
D) Germany can produce more of both goods than France.
Correct Answer:
Verified
Q44: According to the principle of comparative advantage,
Q48: In the real world, specialization is rarely
Q56: Q57: The following is the Production possibilities data Q58: The following information is about the cost Q58: The data embodied in the below diagrams Q64: Refer to the diagram below in which Q72: The "gain" from international trade is: Q73: Consider two countries which trade with each Q76: The law of increasing opportunity costs:
A)increased employment
A)applies to
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