Question: On the white space on your bubble sheet, draw a chart and determine which country has absolute and comparative advantage in the product of the

On the white space on your bubble sheet, draw a chart and determine which country has absolute and comparative advantage in the product of the goods listed...

The US can produce either 12 TV's or 3 computers. With the same amount of resources, Japan can produce 15 TV's or 3 computers. The two countries want to trade.

16. Which country has absolute advantage in the production of TV's?

A. US

B. Japan

C. Both countries have absolute advantage.

D. Neither country has absolute advantage.

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