Computers wheat Country A 10 4 Country B 6 3 Table shows the number of hours of labor required to produce 1 unit of output of computers and wheat in country A and B. a. Country.. has a comparative advantage in computers. b. Country. . has a comparative advantage in wheat. Price ratio( computers/wheat) should be between . and . for free trade. ..... C. ..........

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Comparative Advantage and Absolute Advantage Analysis

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