For each bottle of wine that italy produces, it gives up the opportunity to make 10 pounds of cheese. france can produce 1 bottle of wine for every 25 pounds of cheese it produces. which of the following is true about the comparative advantage between the two countries?
italy has the comparative advantage in cheese.
france has the comparative advantage in wine.
france has the comparative advantage in wine and cheese.
italy has the comparative advantage in wine.

The correct answer is: Italy has the comparative advantage in wine.

Explanation:

Comparative advantage can be defined as the ability to produce at a lower opportunity cost.  

Here, we see that the opportunity cost of making a bottle of wine for Italy is 10 pounds of cheese.  

While the opportunity cost of producing one bottle of wine for France is 25 pounds of cheese.

This implies that Italy has a lower opportunity cost for producing a bottle of wine. So we can say that it has a comparative advantage in producing wine.

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.

c. reserves power to the states and people