Zambia Germany Pair of Shoes per worker Barrel of wines per worker 8. 3 Use the information above to answer following: Which country has absolute advantage in production of shoes ? Which country has absolute advantage in production of wine? Calculate and tell which country has comparative advantage in production of shoes? Calculate and tell which country has comparative advantage in production of wine?
Zambia Germany Pair of Shoes per worker Barrel of wines per worker 8. 3 Use the information above to answer following: Which country has absolute advantage in production of shoes ? Which country has absolute advantage in production of wine? Calculate and tell which country has comparative advantage in production of shoes? Calculate and tell which country has comparative advantage in production of wine?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Zambia
Germany
Pair of Shoes per worker
Barrel of wines per worker
7.
8.
3.
Use the information above to answer following:
Which country has absolute advantage in production of shoes ?
Which country has absolute advantage in production of wine?
Calculate and tell which country has comparative advantage in production of shoes?
Calculate and tell which country has comparative advantage in production of wine?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa1dff170-05c0-4524-b2d4-30ebba3f1a28%2F7c1fdedd-4766-4672-8736-746624a1334c%2Flxkl3oc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Zambia
Germany
Pair of Shoes per worker
Barrel of wines per worker
7.
8.
3.
Use the information above to answer following:
Which country has absolute advantage in production of shoes ?
Which country has absolute advantage in production of wine?
Calculate and tell which country has comparative advantage in production of shoes?
Calculate and tell which country has comparative advantage in production of wine?
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