Suppose that Slovenia and Wales both produce boots and shoes. Slovenia's opportunity cost of producing a pair of shoes is 4 pairs of boots while Wales's opportunity cost of producing a pair of shoes is 11 pairs of boots. By comparing the opportunity cost of producing shoes in the two countries, you can tell that has a comparative advantage in the production of shoes and has a comparative advantage in the production of boots.

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Slovenia has a comparative advantage in the production of shoes because its opportunity cost of prod... View the full answer