Summary of production conditions in countries l and ll.
Summary of production conditions in countries l and ll.
From the table, we can correctly say in respect of international trade that
Country I has absolute disadvantage in the production of both cocoa and cloth
Country I has absolute advantage in the production of both cocoa and cloth
Country ll has absolute advantage in the production of both cocoa and cloth
Country ll should leave the production of both cocoa and cloth to country l
Correct answer is B
No explanation has been provided for this answer.
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