-Refer to Table 18.4. Germany has

Question

Quizplus · Accepted Answer

Germany has a comparative advantage in beer production if it can produce beer at a lower opportunity cost than wine compared to another country. It has an absolute advantage in both wine and beer production if it can produce more of these goods using the same amount of resources as another country. Without seeing Table 18.4, the correct answer cannot be determined based on the information given in the question. However, the answer D suggests that all statements about Germany's advantages in production are true according to the table.

-Refer to Table 18.4. Germany Has