The united states and france both produce sweaters and caps. suppose that a us worker can produce 50 caps per hour or 1 sweater per hour and a french worker can produce 40 caps per hour and 2 sweaters per hour. based on this scenario, which statement is true?
the united states has a comparative advantage producing caps.
france has a comparative advantage producing caps.
the united states has a comparative advantage producing sweaters.
neither country has a comparative advantage producing either good.
Answers: 2
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