Cashews (pounds) 150 Pakistan 240 Cotton (bolts) Cashews (pounds) 120 Neither country Indonesia Pakistan They have equal productive abilities. Indonesia 320 Cotton (bolts) The figure above shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews. Which country has a comparative advantage in the production of cashews?

Cashews (pounds) 150 Pakistan 240 Cotton (bolts) Cashews (pounds) 120 Neither country Indonesia Pakistan They have equal productive abilities. Indonesia 320 Cotton (bolts) The figure above shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews. Which country has a comparative advantage in the production of cashews?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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