Exhibit 2-11
-Refer to exhibit 2-11.Costa Rica has a comparative advantage in the production of T-shirts.

Name: Exhibit 2-11 -Refer to exhibit 2-11.Costa Rica has a comparative advantage in the production of T-shirts.
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Question

Exhibit 2-11  
-Refer to exhibit 2-11.Costa Rica has a comparative advantage in the production of T-shirts.

Quizplus · Accepted Answer

From the exhibit, it can be seen that Costa Rica has a lower opportunity cost for producing T-shirts, i.e. it can produce more T-shirts with the same amount of resources compared to China. Therefore, Costa Rica has a comparative advantage in the production of T-shirts.