Question

Based on the data from table below we can conclude that:
Output Per Unit of Labor Input
England Portugal
20
24
2
12
Cloth
Wine
A. Portugal has a comparative advantage in the production of
cloth and wine
B. England has a comparative advantage in the production of
cloth and wine
C. Portugal has a comparative advantage in cloth and England
has a comparative advantage in wine
D. England has a comparative advantage in cloth and Portugal
has a comparative advantage in wine
E. England has an absolute advantage in the production of
cloth and wine

Answer 1

Answer:

1st Ans 20 2nd ans 12 3rd ans cloth 4th ans wine 5th ans 2