Spain Sudan Plastic Opp Cost of Plastic Gold Opp Cost of gold Plastic Opp cost of Plastic

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Question:

	Spain				Sudan
	Plastic	Opp Cost of Plastic	Gold	Opp Cost of gold	Plastic	Opp cost of Plastic	Gold	Opp cost of gold
A	0	---------	160		0	---------	280
B	360		120		420		210
C	720		80		840		140
D	1080		40		1260		70
E	1440		0	---------	1680		0	--------

Based on the table above

A		Sudan has the comparative advantage in plastic
B		Sudan has the comparative advantage in gold
C		Sudan should specialize in plastic
D		Sudan has tariffs on plastics

Related Book For answer-question

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Understanding Basic Statistics

Understanding Basic Statistics

ISBN: 9781111827021

6th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

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Posted Date: Feb 04, 2024 12:17 AM

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