Question: Consider the following table which shows the yield per acre of cotton and wheat in two countries, USA and Mexico: _____________ has the absolute advantage

Consider the following table which shows the yield per acre of cotton and wheat in two countries, USA and Mexico: _____________ has the absolute advantage in the production of cotton, and __________ has the comparative advantage in the production of cotton.

YIELD PER ACRE

USAMexicoCotton2025Wheat3040

USA; Mexico.

USA; USA.

Mexico; USA.

Mexico; Mexico.

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