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Business, 18.11.2020 20:00 aprilreneeclaroxob0c

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.

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The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50...

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