Business, 17.03.2020 23:21 LHNSHS146

Country X can cut, prepare, and export lumber using fewer worker hours than Country Y. Country Y can produce lumber but produces cars more efficiently than it produces lumber. It also produces cars more efficiently than Country X. Which of these statements is accurate?
a. Country X will import Country Y's lumber due to absolute advantage
b. Country X will import Country Y's lumber due to comparative advantage
c. Country Y will import Country X's lumber due to comparative advantage
d. Country Y will import Country Y's lumber due to absolute advantage

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Country X can cut, prepare, and export lumber using fewer worker hours than Country Y. Country Y can...

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