Q.1.1 Kenya has a comparative advantage over Uganda in the production of sugar if it: (1) Is able to produce sugar at a faster rate than Uganda. (2) Produces sugar at a lower opportunity cost than Uganda. (3) Has the absolute advantage in sugar production. (4) Specialises in sugar production.
Q.1.1 Kenya has a comparative advantage over Uganda in the production of sugar if it: (1) Is able to produce sugar at a faster rate than Uganda. (2) Produces sugar at a lower opportunity cost than Uganda. (3) Has the absolute advantage in sugar production. (4) Specialises in sugar production.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter33: International Trade
Section: Chapter Questions
Problem 3SCQ: In France it takes one worker to produce one sweater, and one worker to produce one bottle of wine....
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Q.1.1 Kenya has a
(1) Is able to produce sugar at a faster rate than Uganda.
(2) Produces sugar at a lower
(3) Has the absolute advantage in sugar production.
(4) Specialises in sugar production.
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