Multiple Choice
Consider the information below for Namibia and Malaysia.
Namibian labor: 16 baskets/day or 4 lamps/day
Malaysian labor 20 baskets/day or 8 lamps/day
-Each country specializes in the good for which it maintains a comparative advantage. In this example, Namibia will specialize in _____ and Malaysia will specialize in_____.
A) baskets, baskets
B) baskets, lamps
C) lamps, lamps
D) lamps, baskets.
E) lamps, lamps.
Correct Answer:

Verified
Correct Answer:
Verified
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