Business, 11.12.2019 03:31 espinosajoselyn

Suppose the nation of canada forbids international trade. in canada, you can obtain a hockey stick by trading 5 baseball bats. in other countries, you can obtain a hockey stick by trading 8 baseball bats.
these facts indicate that:

a) canada has a comparative advantage, relative to other countries, in producing baseball bats.
b) if canada were to allow trade, it would export hockey sticks.
c) canada has an absolute advantage, relative to other countries, in producing hockey sticks.
d) all of the above are correct.

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Suppose the nation of canada forbids international trade. in canada, you can obtain a hockey stick b...

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