The table below shows the quantities of rice and wheat that two countries can produce in a year if they specialize in the production of each good.

-Refer to the table above.Which of the following statements is true in this case?

Question

The table below shows the quantities of rice and wheat that two countries can produce in a year if they specialize in the production of each good.
 
-Refer to the table above.Which of the following statements is true in this case?

Quizplus · Accepted Answer

Country Y has a comparative advantage in the production of rice if it can produce rice at a lower opportunity cost compared to Country X. Without specific numbers, the correct answer is determined by understanding the concept of comparative advantage.

The Table Below Shows the Quantities of Rice and Wheat