Essay
Table 9-7
Output Per Hour of Work
Table 9-7 shows the output per hour of work for handbags and jackets in Cambodia and in Thailand.
-Refer to Table 9-7.
a. Which country has an absolute advantage in the production of handbags and jackets?
b. Which country has a comparative advantage in the production of handbags?
c. Which country has a comparative advantage in the production of jackets?
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a. Thailand has an absolute advantage in...View Answer
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Correct Answer:
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