Suppose Canada could produce 4 tons of potatoes or 2 tonnes of wheat per worker per year,while Ireland could produce 2 tonnes of potatoes or 3 tonnes of wheat per worker per year.What country has the comparative advantage and absolute advantage in producing potatoes?

Question

Quizplus · Accepted Answer

Canada has the absolute advantage in potato production because it can produce more potatoes per worker. It also has the comparative advantage because it gives up less wheat to produce potatoes compared to Ireland.

Suppose Canada Could Produce 4 Tons of Potatoes or 2