Business, 18.06.2020 20:57 SassyChumpkins

Select the correct answer. 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?
A. The United States has a comparative advantage producing caps.
B. France has a comparative advantage producing caps.
C. The United States has a comparative advantage producing sweaters.
D. Neither country has a comparative advantage producing either good.

Answers: 3

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Select the correct answer. The United States and France both produce sweaters and caps. Suppose tha...