Question: Incorrect Question 16 0/2 pts Product Country A. Output Per Labor Hour 5 bottles Country B, Output Per Labor Hour 9 bottles 6 yards Wine

Incorrect Question 16 0/2 pts Product Country A. Output Per Labor

Incorrect Question 16 0/2 pts Product Country A. Output Per Labor Hour 5 bottles Country B, Output Per Labor Hour 9 bottles 6 yards Wine Cloth 4 yards The table above shows the labor productivities of Country A and Country B which produce wine and cloth. According to Adam Smith's principle of absolute advantage Country A should specialize in both wine and cloth Country A should specialize in cloth and Country B should specialize in wine There is no basis for gainful specialization and trade Country A should specialize in wine and Country B should specialize in cloth

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