The table below shows labor-productivity figures in two countries facing constant costs:
Refer to the table above. Based on the data provided, it can be deduced that:
A) Country A has the absolute advantage in producing both meat and houses
B) Country B has the absolute advantage in producing both meat and houses
C) Country A has a comparative advantage in producing both meat and houses
D) Country B has a comparative advantage in producing both meat and houses
Correct Answer:
Verified
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