Suppose that Canada can make 15 cars or 20 bottles of wine with one year's worth of labour.France can make 10 cars or 18 bottles of wine with one year's worth of labour.What can we conclude from these numbers?
A) France has a comparative advantage in the production of cars.
B) Canada has an absolute advantage in the production of cars.
C) Canada has a comparative advantage in the production of wine.
D) France has an absolute advantage in the production of wine.
Correct Answer:
Verified
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