Suppose that Canada can produce 100,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek, while Germany can produce 90,000 hockey sticks or 10,000 gallons of maple syrup in a typical workweek. From these numbers, we can conclude: Question 48 options:   Canada has a comparative advantage in the production of hockey sticks.   Germany has a comparative advantage in the production of hockey sticks.   Canada has an absolute advantage in the production of maple syrup.   Germany has an absolute advantage in the production of maple syrup.

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Comparative Advantage and Absolute Advantage Analysis

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