If Country A can produce $10$ units of wheat per hour and Country B can produce $6$ units of wheat per hour, which country has absolute advantage in wheat production?
Question 3
Which statement is true about absolute advantage and opportunity cost?
Question 4
A worker in Country X can make $8$ shirts per day, while a worker in Country Y can make $5$ shirts per day. Which country has the absolute advantage in shirt production?
Question 5
Why might two countries still trade even if one country has an absolute advantage in producing both goods?
