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Business, 14.05.2021 01:00 sativataurus

Suppose that each U. S. worker can produce 8 units of food or 2 units of clothing daily. In Fredonia, which has the same number of workers, each worker can produce 7 units of food or 1 unit of clothing daily. a. Why does the United States have an absolute advantage in both goods?
b. Which country enjoys a comparative advantage in food? Why?

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Suppose that each U. S. worker can produce 8 units of food or 2 units of clothing daily. In Fredonia...
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