Table 1 shows the units of output a worker can produce per month in South Africa and Namibia.
-Refer to Table 1. Which of the following statements about comparative advantage is true?
A) South Africa has a comparative advantage in the production of both food and electronics.
B) Namibia has a comparative advantage in the production of both food and electronics.
C) South Africa has a comparative advantage in the production of food while Namibia has a comparative advantage in the production of electronics.
D) Namibia has a comparative advantage in the production of food while South Africa has a comparative advantage in the production of electronics.
E) Neither country has a comparative advantage.
Correct Answer:
Verified
Q19: Exhibit 1 Q20: If a nation has an absolute advantage Q21: Table 1 shows the units of Q22: Suppose the world consists of two countries: Q23: Busisani is a tax accountant. He receives Q24: Suppose a country's workers can produce 4
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