Country A can produce 5 yards of textiles or 3 pounds of food per unit of...

 

Transcribed Image Text:

Country A can produce 5 yards of textiles or 3 pounds of food per unit of input. Country B can produce 4 yards of textiles or 3 pounds of food per unit of input. Country A is relatively more efficient than Country B in the production of textiles and food. Country B is relatively more efficient than Country A in the production of food. Country A has an absolute advantage over Country B in the production of food and textiles. Country B is relatively more efficient than Country A in the production of food and textiles. Country B has an absolute advantage over Country A in the production of food and textiles. Country A can produce 5 yards of textiles or 3 pounds of food per unit of input. Country B can produce 4 yards of textiles or 3 pounds of food per unit of input. Country A is relatively more efficient than Country B in the production of textiles and food. Country B is relatively more efficient than Country A in the production of food. Country A has an absolute advantage over Country B in the production of food and textiles. Country B is relatively more efficient than Country A in the production of food and textiles. Country B has an absolute advantage over Country A in the production of food and textiles.

Answer rating: 100% (QA)

True Country A can produce more textiles 5 yards and more food 3 p... View the full answer