Multiple Choice
If the price of swords in Winterfell is lower than it is in Kings' Landing before these two regions start trading,we can conclude with certainty that ________.
A) Winterfell has absolute advantage in producing swords
B) Winterfell has comparative advantage in producing swords
C) King's Landing has absolute advantage in producing swords
D) King's Landing has comparative advantage in producing swords
Correct Answer:
Verified
Correct Answer:
Verified
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