Question: Assume a simple model with only two countries: the United States and Canada, and two goods: sports cars and oranges. The table below shows combinations

Assume a simple model with only two countries: the United States and Canada, and two goods: sports cars and oranges. The table below shows combinations of goods that each country could produce using all of its resources. Which nation would benefit from specializing in the production of sports cars and trading sports cars for oranges with the other nation? United States Oranges United States Sports cars Canada Oranges Canada Sports cars 150 0 90 0 100 25 60 60 50 50 30 120 0 75 0 180 Select the correct answer below: Canada United States neither nation, since neither has a comparative advantage in sports cars both nations, since both have a comparative advantage in sports cars

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