Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Tuesday, 05 November 2024

RegisterLogin

Summary of product condition in countries i and ii Amount of labour days, cocoa(tons) ...

Summary of product condition in countries i and ii
Amount of labour days, cocoa(tons) Cloth(tons)
Country i 200 600 900
country ii 200 300 800
From the above table, we can correctly say in respect of international trade that

A. Country I has absolute disadvantage in the production of both cocoa cloth
B. Country I has absolute advantage in the production of both cocoa and cloth
C. Country II has absolute advantage in the production of both cocoa and cloth
D. Country II has comparative advantage in the production of cocoa
E. Country II should leave the production of both cocoa and cloth to country I




STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy