This table shows how much cotton and cocoa can be produced in Peru and Brazil with one unit of equivalent resources. $$\begin{array}{l}
\begin{array} { | l | l | l | }
\hline & \begin{array} { l }
\text { Cotton } \
\text { (bales) }
\end{array} & \begin{array} { l }
\text { Cocoa Beans } \
\text { (bushels) }
\end{array} \
\hline \text { Peru } & 2 & 4 \
\hline \text { Brazil } & 1 & 6 \
\hline
\end{array}\
\text { TABLE 33- } 4
\end{array}$$
-Refer to Table 33- 4. Compared with Peru, Brazil has

Question

This table shows how much cotton and cocoa can be produced in Peru and Brazil with one unit of equivalent resources. $$\begin{array}{l}
\begin{array} { | l | l | l | } 
\hline & \begin{array} { l } 
\text { Cotton } \
\text { (bales) }
\end{array} & \begin{array} { l } 
\text { Cocoa Beans } \
\text { (bushels) }
\end{array} \
\hline \text { Peru } & 2 & 4 \
\hline \text { Brazil } & 1 & 6 \
\hline
\end{array}\
\text { TABLE 33- } 4
\end{array}$$
-Refer to Table 33- 4. Compared with Peru, Brazil has

Quizplus · Accepted Answer

Brazil has a comparative advantage in the production of cocoa beans because it can produce more cocoa beans with one unit of equivalent resources than Peru can. Brazil also has an absolute advantage in the production of cocoa beans because it can produce more cocoa beans than Peru can, even if Peru uses all of its resources to produce cocoa beans.

This Table Shows How Much Cotton and Cocoa Can Be