Business, 10.09.2019 23:30 choudharykaran7997
Assume italy and niger can both produce grain and dates, and that the only limited resource is the farming labor force, meaning that land, water, and all other resources are plentiful in both countries.
each farmer in italy can produce 10 tons of grain or 5 tons of dates in a season. in niger they can produce 10 tons of grain of due to the climate 25 tons of dates.
which country has the absolute advantage in producing dates?
which country has comparative advantage in producing dates?
which country has the absolute advantage in producing grain?
which country has the comparative advantage in producing grain?
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Assume italy and niger can both produce grain and dates, and that the only limited resource is the f...
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