Nation Alpha can produce employing all its available resources either 800 units of chemicals or 1,600 units of clothing. Nation Beta can produce either 200 units of chemicals or 800 units of clothing:
A) Nation Alpha has a comparative advantage in producing clothing
B) Nation Beta has a comparative advantage in producing chemicals
C) Nation Alpha has a comparative advantage in producing chemicals
D) Nation Beta is the high-cost producer of clothing
Correct Answer:
Verified
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