China has a comparative advantage in textiles and an absolute advantage in both textiles and radios. Japan has a comparative advantage in radios. According to this scenario Group of answer choices Japan should export textiles and import radios. China should export both radios and textiles. China should export textiles and import radios. Japan should import both radios and textiles.

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.