PRODUCT PER WORKER SOUTH AFRICA NIGERIA TABLES 100 UNITS 40 UNITS CHAIRS 50 UNITS 10 UNITS   Calculate the opportunity costs of producing tables in South Africa and in Nigeria. Show your calculations. Which country has an absolute advantage in the production of tables? Justify your answer. Explain which product each of the countries should specialise in and export. Use the information relating to comparative advantage to support your answer.

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Comparative Advantage and Absolute Advantage Analysis

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